401k Plan data: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN plan

THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 401k Plan overview

Plan Name	THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN
Plan identification number	001

THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
Code section 403(b)(7) accounts - See Limited Pension Plan Reporting instructions for Code section 403(b)(7) custodial accounts for regulated investment company stock for certain exempt organizations.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

THE INSTITUTE OF CONTEMPORARY ART, INC. has sponsored the creation of one or more 401k plans.

Company Name: THE INSTITUTE OF CONTEMPORARY ART, INC.

Employer identification number (EIN): 042104327

NAIC Classification: 712100
NAIC Description: Museums, Historical Sites, and Similar Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-07-01 NATASA VUCETIC 2023-03-29
001 2020-07-01 NATASA VUCETIC 2022-03-30
001 2019-07-01 NATASA VUCETIC 2021-03-26
001 2018-07-01 NATASA VUCETIC 2020-04-03
001 2017-07-01 NATASA VUCETIC 2019-04-11
001 2016-07-01
001 2015-07-01
001 2014-07-01
001 2013-07-01 MICHAEL TAUBENBERGER 2015-04-13
001 2012-07-01 MICHAEL TAUBENBERGER 2014-03-12
001 2011-07-01 MICHAEL TAUBENBERGER 2013-03-20
001 2010-07-01 MICHAEL TAUBENBERGER 2012-04-17

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2021-07-01	NATASA VUCETIC	2023-03-29
001	2020-07-01	NATASA VUCETIC	2022-03-30
001	2019-07-01	NATASA VUCETIC	2021-03-26
001	2018-07-01	NATASA VUCETIC	2020-04-03
001	2017-07-01	NATASA VUCETIC	2019-04-11
001	2016-07-01
001	2015-07-01
001	2014-07-01
001	2013-07-01	MICHAEL TAUBENBERGER	2015-04-13
001	2012-07-01	MICHAEL TAUBENBERGER	2014-03-12
001	2011-07-01	MICHAEL TAUBENBERGER	2013-03-20
001	2010-07-01	MICHAEL TAUBENBERGER	2012-04-17

Plan Statistics for THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN

401k plan membership statisitcs for THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN

Measure Date Value
2021: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2021 401k membership
Total participants, beginning-of-year 2021-07-01 200
Total number of active participants reported on line 7a of the Form 5500 2021-07-01 102
Number of retired or separated participants receiving benefits 2021-07-01 0
Number of other retired or separated participants entitled to future benefits 2021-07-01 94
Total of all active and inactive participants 2021-07-01 196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-07-01 0
Total participants 2021-07-01 196
Number of participants with account balances 2021-07-01 164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-07-01 0
2020: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2020 401k membership
Total participants, beginning-of-year 2020-07-01 179
Total number of active participants reported on line 7a of the Form 5500 2020-07-01 81
Number of retired or separated participants receiving benefits 2020-07-01 0
Number of other retired or separated participants entitled to future benefits 2020-07-01 105
Total of all active and inactive participants 2020-07-01 186
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-07-01 0
Total participants 2020-07-01 186
Number of participants with account balances 2020-07-01 184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-07-01 0
2019: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2019 401k membership
Total participants, beginning-of-year 2019-07-01 152
Total number of active participants reported on line 7a of the Form 5500 2019-07-01 77
Number of retired or separated participants receiving benefits 2019-07-01 0
Number of other retired or separated participants entitled to future benefits 2019-07-01 102
Total of all active and inactive participants 2019-07-01 179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-07-01 0
Total participants 2019-07-01 179
Number of participants with account balances 2019-07-01 178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-07-01 0
2018: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2018 401k membership
Total participants, beginning-of-year 2018-07-01 155
Total number of active participants reported on line 7a of the Form 5500 2018-07-01 56
Number of retired or separated participants receiving benefits 2018-07-01 0
Number of other retired or separated participants entitled to future benefits 2018-07-01 96
Total of all active and inactive participants 2018-07-01 152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-07-01 0
Total participants 2018-07-01 152
Number of participants with account balances 2018-07-01 152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-07-01 0
2017: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2017 401k membership
Total participants, beginning-of-year 2017-07-01 144
Total number of active participants reported on line 7a of the Form 5500 2017-07-01 79
Number of retired or separated participants receiving benefits 2017-07-01 0
Number of other retired or separated participants entitled to future benefits 2017-07-01 76
Total of all active and inactive participants 2017-07-01 155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-07-01 0
Total participants 2017-07-01 155
Number of participants with account balances 2017-07-01 149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-07-01 0
2016: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2016 401k membership
Total participants, beginning-of-year 2016-07-01 133
Total number of active participants reported on line 7a of the Form 5500 2016-07-01 97
Number of retired or separated participants receiving benefits 2016-07-01 0
Number of other retired or separated participants entitled to future benefits 2016-07-01 47
Total of all active and inactive participants 2016-07-01 144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-07-01 0
Total participants 2016-07-01 144
Number of participants with account balances 2016-07-01 142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-07-01 0

Measure	Date	Value
2021: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2021 401k membership
Total participants, beginning-of-year	2021-07-01	200
Total number of active participants reported on line 7a of the Form 5500	2021-07-01	102
Number of retired or separated participants receiving benefits	2021-07-01	0
Number of other retired or separated participants entitled to future benefits	2021-07-01	94
Total of all active and inactive participants	2021-07-01	196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-07-01	0
Total participants	2021-07-01	196
Number of participants with account balances	2021-07-01	164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-07-01	0
2020: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2020 401k membership
Total participants, beginning-of-year	2020-07-01	179
Total number of active participants reported on line 7a of the Form 5500	2020-07-01	81
Number of retired or separated participants receiving benefits	2020-07-01	0
Number of other retired or separated participants entitled to future benefits	2020-07-01	105
Total of all active and inactive participants	2020-07-01	186
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-07-01	0
Total participants	2020-07-01	186
Number of participants with account balances	2020-07-01	184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-07-01	0
2019: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2019 401k membership
Total participants, beginning-of-year	2019-07-01	152
Total number of active participants reported on line 7a of the Form 5500	2019-07-01	77
Number of retired or separated participants receiving benefits	2019-07-01	0
Number of other retired or separated participants entitled to future benefits	2019-07-01	102
Total of all active and inactive participants	2019-07-01	179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-07-01	0
Total participants	2019-07-01	179
Number of participants with account balances	2019-07-01	178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-07-01	0
2018: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2018 401k membership
Total participants, beginning-of-year	2018-07-01	155
Total number of active participants reported on line 7a of the Form 5500	2018-07-01	56
Number of retired or separated participants receiving benefits	2018-07-01	0
Number of other retired or separated participants entitled to future benefits	2018-07-01	96
Total of all active and inactive participants	2018-07-01	152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-07-01	0
Total participants	2018-07-01	152
Number of participants with account balances	2018-07-01	152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-07-01	0
2017: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2017 401k membership
Total participants, beginning-of-year	2017-07-01	144
Total number of active participants reported on line 7a of the Form 5500	2017-07-01	79
Number of retired or separated participants receiving benefits	2017-07-01	0
Number of other retired or separated participants entitled to future benefits	2017-07-01	76
Total of all active and inactive participants	2017-07-01	155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-07-01	0
Total participants	2017-07-01	155
Number of participants with account balances	2017-07-01	149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-07-01	0
2016: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2016 401k membership
Total participants, beginning-of-year	2016-07-01	133
Total number of active participants reported on line 7a of the Form 5500	2016-07-01	97
Number of retired or separated participants receiving benefits	2016-07-01	0
Number of other retired or separated participants entitled to future benefits	2016-07-01	47
Total of all active and inactive participants	2016-07-01	144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-07-01	0
Total participants	2016-07-01	144
Number of participants with account balances	2016-07-01	142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-07-01	0

Financial Data on THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN

Measure	Date	Value
2022 : THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-06-30	$0
Total transfer of assets to this plan	2022-06-30	$5,936,235
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-06-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-06-30	$0
Total income from all sources (including contributions)	2022-06-30	$-771,548
Total loss/gain on sale of assets	2022-06-30	$0
Total of all expenses incurred	2022-06-30	$926,411
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-06-30	$926,411
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-06-30	$719,603
Value of total assets at end of year	2022-06-30	$9,286,724
Value of total assets at beginning of year	2022-06-30	$5,048,448
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-06-30	$0
Total interest from all sources	2022-06-30	$42,959
Total dividends received (eg from common stock, registered investment company shares)	2022-06-30	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-06-30	No
Was this plan covered by a fidelity bond	2022-06-30	Yes
Value of fidelity bond cover	2022-06-30	$500,000
If this is an individual account plan, was there a blackout period	2022-06-30	No
Were there any nonexempt tranactions with any party-in-interest	2022-06-30	No
Contributions received from participants	2022-06-30	$346,812
Income. Received or receivable in cash from other sources (including rollovers)	2022-06-30	$124,533
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-06-30	No
Value of net income/loss	2022-06-30	$-1,697,959
Value of net assets at end of year (total assets less liabilities)	2022-06-30	$9,286,724
Value of net assets at beginning of year (total assets less liabilities)	2022-06-30	$5,048,448
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-06-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-06-30	No
Were any leases to which the plan was party in default or uncollectible	2022-06-30	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-06-30	$7,742,595
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-06-30	$4,460,144
Value of interest in pooled separate accounts at end of year	2022-06-30	$235,379
Value of interest in pooled separate accounts at beginning of year	2022-06-30	$61,859
Interest on participant loans	2022-06-30	$42,959
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-06-30	$1,308,750
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-06-30	$520,856
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-06-30	$-1,575,696
Net investment gain/loss from pooled separate accounts	2022-06-30	$41,586
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-06-30	No
Was there a failure to transmit to the plan any participant contributions	2022-06-30	No
Has the plan failed to provide any benefit when due under the plan	2022-06-30	No
Contributions received in cash from employer	2022-06-30	$248,258
Employer contributions (assets) at end of year	2022-06-30	$0
Employer contributions (assets) at beginning of year	2022-06-30	$5,589
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-06-30	$926,411
Did the plan have assets held for investment	2022-06-30	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-06-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-06-30	No
Opinion of an independent qualified public accountant for this plan	2022-06-30	Unqualified
Accountancy firm name	2022-06-30	JOHNSON,O'CONNOR,FERON&CARUCCI LLP
Accountancy firm EIN	2022-06-30	203985546
2021 : THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-06-30	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-06-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-06-30	$0
Total income from all sources (including contributions)	2021-06-30	$1,394,650
Total loss/gain on sale of assets	2021-06-30	$0
Total of all expenses incurred	2021-06-30	$202,527
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-06-30	$202,527
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-06-30	$294,496
Value of total assets at end of year	2021-06-30	$5,048,448
Value of total assets at beginning of year	2021-06-30	$3,856,325
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-06-30	$0
Total interest from all sources	2021-06-30	$18,187
Total dividends received (eg from common stock, registered investment company shares)	2021-06-30	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-06-30	No
Was this plan covered by a fidelity bond	2021-06-30	Yes
Value of fidelity bond cover	2021-06-30	$500,000
If this is an individual account plan, was there a blackout period	2021-06-30	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-06-30	$0
Were there any nonexempt tranactions with any party-in-interest	2021-06-30	No
Income. Received or receivable in cash from other sources (including rollovers)	2021-06-30	$15,940
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-06-30	No
Value of net income/loss	2021-06-30	$1,192,123
Value of net assets at end of year (total assets less liabilities)	2021-06-30	$5,048,448
Value of net assets at beginning of year (total assets less liabilities)	2021-06-30	$3,856,325
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-06-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-06-30	No
Were any leases to which the plan was party in default or uncollectible	2021-06-30	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-06-30	$4,460,144
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-06-30	$3,282,792
Value of interest in pooled separate accounts at end of year	2021-06-30	$61,859
Value of interest in pooled separate accounts at beginning of year	2021-06-30	$57,715
Interest earned on other investments	2021-06-30	$18,187
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-06-30	$520,856
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-06-30	$515,818
Expenses. Payments to insurance carriers foe the provision of benefits	2021-06-30	$15,963
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-06-30	$1,078,075
Net investment gain/loss from pooled separate accounts	2021-06-30	$3,892
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-06-30	No
Was there a failure to transmit to the plan any participant contributions	2021-06-30	No
Has the plan failed to provide any benefit when due under the plan	2021-06-30	No
Contributions received in cash from employer	2021-06-30	$278,556
Employer contributions (assets) at end of year	2021-06-30	$5,589
Employer contributions (assets) at beginning of year	2021-06-30	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-06-30	$186,564
Did the plan have assets held for investment	2021-06-30	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-06-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-06-30	No
Opinion of an independent qualified public accountant for this plan	2021-06-30	Disclaimer
Accountancy firm name	2021-06-30	JOHNSON,O'CONNOR,FERON&CARUCCI LLP
Accountancy firm EIN	2021-06-30	203985546
2020 : THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-06-30	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-06-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-06-30	$0
Total income from all sources (including contributions)	2020-06-30	$445,859
Total loss/gain on sale of assets	2020-06-30	$0
Total of all expenses incurred	2020-06-30	$136,605
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-06-30	$136,605
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-06-30	$252,656
Value of total assets at end of year	2020-06-30	$3,856,325
Value of total assets at beginning of year	2020-06-30	$3,547,071
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-06-30	$0
Total interest from all sources	2020-06-30	$18,374
Total dividends received (eg from common stock, registered investment company shares)	2020-06-30	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-06-30	No
Was this plan covered by a fidelity bond	2020-06-30	Yes
Value of fidelity bond cover	2020-06-30	$500,000
If this is an individual account plan, was there a blackout period	2020-06-30	No
Were there any nonexempt tranactions with any party-in-interest	2020-06-30	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-06-30	No
Value of net income/loss	2020-06-30	$309,254
Value of net assets at end of year (total assets less liabilities)	2020-06-30	$3,856,325
Value of net assets at beginning of year (total assets less liabilities)	2020-06-30	$3,547,071
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-06-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-06-30	No
Were any leases to which the plan was party in default or uncollectible	2020-06-30	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-06-30	$3,282,792
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-06-30	$2,988,350
Value of interest in pooled separate accounts at end of year	2020-06-30	$57,715
Value of interest in pooled separate accounts at beginning of year	2020-06-30	$58,752
Interest earned on other investments	2020-06-30	$18,374
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-06-30	$515,818
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-06-30	$491,796
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-06-30	$174,237
Net investment gain/loss from pooled separate accounts	2020-06-30	$592
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-06-30	No
Was there a failure to transmit to the plan any participant contributions	2020-06-30	No
Has the plan failed to provide any benefit when due under the plan	2020-06-30	No
Contributions received in cash from employer	2020-06-30	$252,656
Employer contributions (assets) at end of year	2020-06-30	$0
Employer contributions (assets) at beginning of year	2020-06-30	$8,173
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-06-30	$136,605
Did the plan have assets held for investment	2020-06-30	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-06-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-06-30	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2020-06-30	Yes
Opinion of an independent qualified public accountant for this plan	2020-06-30	Disclaimer
Accountancy firm name	2020-06-30	JOHNSON,O'CONNOR,FERON&CARUCCI LLP
Accountancy firm EIN	2020-06-30	203985546
2019 : THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-06-30	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-06-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-06-30	$0
Total income from all sources (including contributions)	2019-06-30	$292,818
Total loss/gain on sale of assets	2019-06-30	$0
Total of all expenses incurred	2019-06-30	$124,612
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-06-30	$124,612
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-06-30	$122,307
Value of total assets at end of year	2019-06-30	$3,547,071
Value of total assets at beginning of year	2019-06-30	$3,378,865
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-06-30	$0
Total interest from all sources	2019-06-30	$18,377
Total dividends received (eg from common stock, registered investment company shares)	2019-06-30	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-06-30	No
Was this plan covered by a fidelity bond	2019-06-30	Yes
Value of fidelity bond cover	2019-06-30	$500,000
If this is an individual account plan, was there a blackout period	2019-06-30	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-06-30	$0
Were there any nonexempt tranactions with any party-in-interest	2019-06-30	No
Income. Received or receivable in cash from other sources (including rollovers)	2019-06-30	$4,524
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-06-30	No
Value of net income/loss	2019-06-30	$168,206
Value of net assets at end of year (total assets less liabilities)	2019-06-30	$3,547,071
Value of net assets at beginning of year (total assets less liabilities)	2019-06-30	$3,378,865
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-06-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-06-30	No
Were any leases to which the plan was party in default or uncollectible	2019-06-30	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-06-30	$2,988,350
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-06-30	$2,829,381
Value of interest in pooled separate accounts at end of year	2019-06-30	$58,752
Value of interest in pooled separate accounts at beginning of year	2019-06-30	$68,990
Interest earned on other investments	2019-06-30	$18,377
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-06-30	$491,796
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-06-30	$480,494
Expenses. Payments to insurance carriers foe the provision of benefits	2019-06-30	$9,433
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-06-30	$148,585
Net investment gain/loss from pooled separate accounts	2019-06-30	$3,549
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-06-30	No
Was there a failure to transmit to the plan any participant contributions	2019-06-30	No
Has the plan failed to provide any benefit when due under the plan	2019-06-30	No
Contributions received in cash from employer	2019-06-30	$117,783
Employer contributions (assets) at end of year	2019-06-30	$8,173
Employer contributions (assets) at beginning of year	2019-06-30	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-06-30	$115,179
Did the plan have assets held for investment	2019-06-30	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-06-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-06-30	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-06-30	Yes
Opinion of an independent qualified public accountant for this plan	2019-06-30	Disclaimer
Accountancy firm name	2019-06-30	JOHNSON,O'CONNOR,FERON&CARUCCI LLP
Accountancy firm EIN	2019-06-30	203985546
2018 : THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-06-30	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-06-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-06-30	$0
Total income from all sources (including contributions)	2018-06-30	$515,062
Total loss/gain on sale of assets	2018-06-30	$0
Total of all expenses incurred	2018-06-30	$88,124
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-06-30	$88,124
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-06-30	$233,437
Value of total assets at end of year	2018-06-30	$3,378,865
Value of total assets at beginning of year	2018-06-30	$2,951,927
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-06-30	$0
Total interest from all sources	2018-06-30	$18,276
Total dividends received (eg from common stock, registered investment company shares)	2018-06-30	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-06-30	No
Was this plan covered by a fidelity bond	2018-06-30	Yes
Value of fidelity bond cover	2018-06-30	$350,000
If this is an individual account plan, was there a blackout period	2018-06-30	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-06-30	$0
Were there any nonexempt tranactions with any party-in-interest	2018-06-30	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-06-30	No
Value of net income/loss	2018-06-30	$426,938
Value of net assets at end of year (total assets less liabilities)	2018-06-30	$3,378,865
Value of net assets at beginning of year (total assets less liabilities)	2018-06-30	$2,951,927
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-06-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-06-30	No
Were any leases to which the plan was party in default or uncollectible	2018-06-30	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-06-30	$2,829,381
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-06-30	$2,419,477
Value of interest in pooled separate accounts at end of year	2018-06-30	$68,990
Value of interest in pooled separate accounts at beginning of year	2018-06-30	$67,195
Interest earned on other investments	2018-06-30	$18,276
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-06-30	$480,494
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-06-30	$465,255
Expenses. Payments to insurance carriers foe the provision of benefits	2018-06-30	$6,931
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-06-30	$259,943
Net investment gain/loss from pooled separate accounts	2018-06-30	$3,406
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-06-30	No
Was there a failure to transmit to the plan any participant contributions	2018-06-30	No
Has the plan failed to provide any benefit when due under the plan	2018-06-30	No
Contributions received in cash from employer	2018-06-30	$233,437
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-06-30	$81,193
Did the plan have assets held for investment	2018-06-30	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-06-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-06-30	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-06-30	Yes
Opinion of an independent qualified public accountant for this plan	2018-06-30	Disclaimer
Accountancy firm name	2018-06-30	JOHNSON,O'CONNOR,FERON&CARUCCI LLP
Accountancy firm EIN	2018-06-30	203985546
2017 : THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-06-30	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-06-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-06-30	$0
Total income from all sources (including contributions)	2017-06-30	$488,279
Total loss/gain on sale of assets	2017-06-30	$0
Total of all expenses incurred	2017-06-30	$21,933
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-06-30	$21,933
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-06-30	$212,959
Value of total assets at end of year	2017-06-30	$2,951,927
Value of total assets at beginning of year	2017-06-30	$2,485,581
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-06-30	$0
Total interest from all sources	2017-06-30	$18,074
Total dividends received (eg from common stock, registered investment company shares)	2017-06-30	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-06-30	No
Was this plan covered by a fidelity bond	2017-06-30	Yes
Value of fidelity bond cover	2017-06-30	$350,000
If this is an individual account plan, was there a blackout period	2017-06-30	No
Were there any nonexempt tranactions with any party-in-interest	2017-06-30	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-06-30	No
Value of net income/loss	2017-06-30	$466,346
Value of net assets at end of year (total assets less liabilities)	2017-06-30	$2,951,927
Value of net assets at beginning of year (total assets less liabilities)	2017-06-30	$2,485,581
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-06-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-06-30	No
Were any leases to which the plan was party in default or uncollectible	2017-06-30	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-06-30	$2,419,477
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-06-30	$1,936,520
Value of interest in pooled separate accounts at end of year	2017-06-30	$67,195
Value of interest in pooled separate accounts at beginning of year	2017-06-30	$102,454
Interest earned on other investments	2017-06-30	$18,074
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2017-06-30	$465,255
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2017-06-30	$446,607
Expenses. Payments to insurance carriers foe the provision of benefits	2017-06-30	$10,763
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-06-30	$254,244
Net investment gain/loss from pooled separate accounts	2017-06-30	$3,002
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-06-30	No
Was there a failure to transmit to the plan any participant contributions	2017-06-30	No
Has the plan failed to provide any benefit when due under the plan	2017-06-30	No
Contributions received in cash from employer	2017-06-30	$212,959
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-06-30	$11,170
Did the plan have assets held for investment	2017-06-30	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-06-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-06-30	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-06-30	Yes
Opinion of an independent qualified public accountant for this plan	2017-06-30	Disclaimer
Accountancy firm name	2017-06-30	JOHNSON,O'CONNOR,FERON&CARUCCI LLP
Accountancy firm EIN	2017-06-30	203985546

Form 5500 Responses for THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN

2021: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2021 form 5500 responses
2021-07-01	Type of plan entity	Single employer plan
2021-07-01	Submission has been amended	No
2021-07-01	This submission is the final filing	No
2021-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-07-01	Plan is a collectively bargained plan	No
2021-07-01	Plan funding arrangement – Insurance	Yes
2021-07-01	Plan funding arrangement – Trust	Yes
2021-07-01	Plan benefit arrangement – Insurance	Yes
2021-07-01	Plan benefit arrangement - Trust	Yes
2020: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2020 form 5500 responses
2020-07-01	Type of plan entity	Single employer plan
2020-07-01	Submission has been amended	No
2020-07-01	This submission is the final filing	No
2020-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-07-01	Plan is a collectively bargained plan	No
2020-07-01	Plan funding arrangement – Insurance	Yes
2020-07-01	Plan funding arrangement – Trust	Yes
2020-07-01	Plan benefit arrangement – Insurance	Yes
2020-07-01	Plan benefit arrangement - Trust	Yes
2019: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2019 form 5500 responses
2019-07-01	Type of plan entity	Single employer plan
2019-07-01	Submission has been amended	No
2019-07-01	This submission is the final filing	No
2019-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-07-01	Plan is a collectively bargained plan	No
2019-07-01	Plan funding arrangement – Insurance	Yes
2019-07-01	Plan funding arrangement – Trust	Yes
2019-07-01	Plan benefit arrangement – Insurance	Yes
2019-07-01	Plan benefit arrangement - Trust	Yes
2018: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2018 form 5500 responses
2018-07-01	Type of plan entity	Single employer plan
2018-07-01	Submission has been amended	No
2018-07-01	This submission is the final filing	No
2018-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-07-01	Plan is a collectively bargained plan	No
2018-07-01	Plan funding arrangement – Insurance	Yes
2018-07-01	Plan funding arrangement – Trust	Yes
2018-07-01	Plan benefit arrangement – Insurance	Yes
2018-07-01	Plan benefit arrangement - Trust	Yes
2017: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2017 form 5500 responses
2017-07-01	Type of plan entity	Single employer plan
2017-07-01	Submission has been amended	No
2017-07-01	This submission is the final filing	No
2017-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-07-01	Plan is a collectively bargained plan	No
2017-07-01	Plan funding arrangement – Insurance	Yes
2017-07-01	Plan funding arrangement – Trust	Yes
2017-07-01	Plan benefit arrangement – Insurance	Yes
2017-07-01	Plan benefit arrangement - Trust	Yes
2016: THE INSTITUTE OF CONTEMPORARY ART 403(B) DC PLAN 2016 form 5500 responses
2016-07-01	Type of plan entity	Single employer plan
2016-07-01	Submission has been amended	No
2016-07-01	This submission is the final filing	No
2016-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-07-01	Plan is a collectively bargained plan	No
2016-07-01	Plan funding arrangement – Insurance	Yes
2016-07-01	Plan funding arrangement – Trust	Yes
2016-07-01	Plan benefit arrangement – Insurance	Yes
2016-07-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TIAA-CREF (National Association of Insurance Commissioners NAIC id number: 69345 )

Policy contract number

387181

Policy instance

Insurance contract or identification number	387181
Number of Individuals Covered	164
Insurance policy start date	2021-07-01
Insurance policy end date	2022-06-30
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

TIAA-CREF (National Association of Insurance Commissioners NAIC id number: 69345 )

Policy contract number

387181

Policy instance

Insurance contract or identification number	387181
Number of Individuals Covered	185
Insurance policy start date	2020-07-01
Insurance policy end date	2021-06-30
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

TIAA-CREF (National Association of Insurance Commissioners NAIC id number: 69345 )

Policy contract number

387181

Policy instance

Insurance contract or identification number	387181
Number of Individuals Covered	183
Insurance policy start date	2019-07-01
Insurance policy end date	2020-06-30
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

TIAA-CREF (National Association of Insurance Commissioners NAIC id number: 69345 )

Policy contract number

387181

Policy instance

Insurance contract or identification number	387181
Number of Individuals Covered	152
Insurance policy start date	2018-07-01
Insurance policy end date	2019-06-30
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

TIAA-CREF (National Association of Insurance Commissioners NAIC id number: 69345 )

Policy contract number

387181

Policy instance

Insurance contract or identification number	387181
Number of Individuals Covered	149
Insurance policy start date	2017-07-01
Insurance policy end date	2018-06-30
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	THE INSTITUTE OF CONTEMPORARY ART, INC.
Employer identification number (EIN):	042104327
NAIC Classification:	712100
NAIC Description:	Museums, Historical Sites, and Similar Institutions