Fidelity bond in place
Yes
Filing
Pensare Inc. 401K Plan
Pensare Inc. • EIN 94-3252610 • Plan year 2002
Filing Insights
Participants
Down29 → 0
-29 • -100.00%
Assets
Down$539,108 → $191,267
-$347,841 • -64.52%
Investment Management Fee
-
Admin expenses - • Total expenses $293,717
Filing Details
Context- Net investment result
- $-347,007
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
Yes
Counterparties
Company Timeline
This filing is highlighted inside the broader sponsor history.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2003 | 1 | 0 | $0 | $0 | - |
| Pensare Inc. 401K Plan | - | 0 | - | - | - |
| 2002 | 1 | 0 | $191,267 | $0 | - |
| Pensare Inc. 401K Plan | Current | 0 | $191,267 | - | - |
| 2001 | 1 | 0 | $539,108 | $116,190 | - |
| Pensare Inc. 401K Plan | - | 0 | $539,108 | $116,190 | - |
| 2000 | 1 | 65 | $0 | $0 | - |
| Pensare Inc. 401K Plan | - | 65 | - | - | - |
| 1999 | 1 | 40 | $948,789 | $488,362 | $12,209iApproximate average salary by contribution assumption: employee only about $305,226 at 4% or $203,484 at 6%; with 50% employer match about $203,484 at 4% or $135,656 at 6%; with 100% employer match about $152,613 at 4% or $101,742 at 6%. |
| Pensare Inc. 401K Plan | - | 40 | $948,789 | $488,362 | $12,209iApproximate average salary by contribution assumption: employee only about $305,226 at 4% or $203,484 at 6%; with 50% employer match about $203,484 at 4% or $135,656 at 6%; with 100% employer match about $152,613 at 4% or $101,742 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$191,267-$347,841 change
Balance Sheet
Beginning and end of plan year.
Total assets$539,108$191,267Decrease -$347,841 (-64.52%)
Total liabilities$834$0Decrease -$834 (-100.00%)
Net assets$538,274$191,267Decrease -$347,007 (-64.47%)
Contributions
Employer contributions$0
Participant contributions$0
Other contributions$0
Income & Expenses
Total income$-53,290
Total expenses$293,717
Net income$-347,007
Source fields
- Schedule I source fields
- Filing Id
- 84037248347313
- Schedule I EIN
- 94-3252610
- 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
- $539,108
- Small plan total liabilities at beginning of year
- $834
- Small plan net assets at beginning of year
- $538,274
- Small plan total assets at end of year
- $191,267
- Small plan total liabilities at end of year
- $0
- Small plan net assets at end of year
- $191,267
- Small plan employer contributions
- $0
- Small plan participant contributions
- $0
- Small Oth Contribution Rcvd Amount
- $0
- Small Non Cash Contribution Bs Amount
- $0
- Small Other Income Amount
- $-53,290
- Small plan total income
- $-53,290
- Small plan total benefit distributions
- $293,717
- Small Corrective Distribution Amount
- $0
- Small Dm Dstrb Ptcp Ln A
- 0
- Small Oth Expenses Amount
- $0
- Small plan total expenses
- $293,717
- Small plan net income or loss
- $-347,007
- 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
- $200,000
- 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
- Yes
- 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.
Transfers
Distributed property value$0
Schedule R source fields
- Row 1
- Filing Id
- 84037248347313
- Schedule R EIN
- 94-3252610
- Schedule R Plan number
- 001
- Schedule R Plan Year Begin Date
- 2002-01-01
- Schedule R Tax Period
- 20021231
- Pension Value Dstrb Pd Property Amount
- $0
- 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