THE INNOVATION GROUP has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE INNOVATION GROUP 401(K) PLAN
Measure | Date | Value |
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2022 : THE INNOVATION GROUP 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-182,371 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $422,351 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $404,813 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $2,588 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $681,024 |
Value of total assets at end of year | 2022-12-31 | $4,811,105 |
Value of total assets at beginning of year | 2022-12-31 | $5,415,827 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $14,950 |
Total interest from all sources | 2022-12-31 | $6,761 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $153,690 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $153,690 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $385,403 |
Participant contributions at end of year | 2022-12-31 | $71,974 |
Participant contributions at beginning of year | 2022-12-31 | $69,590 |
Participant contributions at beginning of year | 2022-12-31 | $29,164 |
Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $78,768 |
Other income not declared elsewhere | 2022-12-31 | $13,573 |
Administrative expenses (other) incurred | 2022-12-31 | $14,950 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-604,722 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $4,811,105 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $5,415,827 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $4,222,275 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $4,901,082 |
Interest on participant loans | 2022-12-31 | $6,761 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $516,856 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $415,991 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,045,384 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $7,965 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $216,853 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $404,813 |
Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | SIKICH LLP |
Accountancy firm EIN | 2022-12-31 | 363168081 |
2021 : THE INNOVATION GROUP 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets to this plan | 2021-12-31 | $0 |
Total transfer of assets from this plan | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $1,144,441 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $439,071 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $379,008 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $18,789 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $417,024 |
Value of total assets at end of year | 2021-12-31 | $5,415,827 |
Value of total assets at beginning of year | 2021-12-31 | $4,710,457 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $41,274 |
Total interest from all sources | 2021-12-31 | $7,107 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $495,232 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $495,232 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $472,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $367,383 |
Participant contributions at end of year | 2021-12-31 | $69,590 |
Participant contributions at beginning of year | 2021-12-31 | $85,067 |
Participant contributions at end of year | 2021-12-31 | $29,164 |
Other income not declared elsewhere | 2021-12-31 | $14,971 |
Administrative expenses (other) incurred | 2021-12-31 | $41,274 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $705,370 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $5,415,827 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $4,710,457 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $4,901,082 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $4,201,938 |
Interest on participant loans | 2021-12-31 | $7,107 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $415,991 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $423,452 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $203,413 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $6,694 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $49,641 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $379,008 |
Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | SIKICH LLP |
Accountancy firm EIN | 2021-12-31 | 363168081 |
2020 : THE INNOVATION GROUP 401(K) PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $0 |
Total transfer of assets from this plan | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $1,180,507 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $1,166,446 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,119,507 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $35,272 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $543,888 |
Value of total assets at end of year | 2020-12-31 | $4,710,457 |
Value of total assets at beginning of year | 2020-12-31 | $4,696,396 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $11,667 |
Total interest from all sources | 2020-12-31 | $7,809 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $122,358 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $122,358 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $470,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $321,821 |
Participant contributions at end of year | 2020-12-31 | $85,067 |
Participant contributions at beginning of year | 2020-12-31 | $94,550 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $17,117 |
Other income not declared elsewhere | 2020-12-31 | $3,976 |
Administrative expenses (other) incurred | 2020-12-31 | $11,667 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $14,061 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $4,710,457 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $4,696,396 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $4,201,938 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $4,263,544 |
Interest on participant loans | 2020-12-31 | $7,809 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $423,452 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $338,302 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $494,917 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $7,559 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $204,950 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,119,507 |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | SIKICH LLP |
Accountancy firm EIN | 2020-12-31 | 363168081 |
2019 : THE INNOVATION GROUP 401(K) PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total transfer of assets to this plan | 2019-12-31 | $0 |
Total transfer of assets from this plan | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $1,577,405 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $686,212 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $664,031 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $15,631 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $737,437 |
Value of total assets at end of year | 2019-12-31 | $4,696,396 |
Value of total assets at beginning of year | 2019-12-31 | $3,805,203 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $6,550 |
Total interest from all sources | 2019-12-31 | $6,892 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $130,596 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $130,596 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $381,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $376,812 |
Participant contributions at end of year | 2019-12-31 | $94,550 |
Participant contributions at beginning of year | 2019-12-31 | $93,376 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $95,073 |
Administrative expenses (other) incurred | 2019-12-31 | $6,550 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $891,193 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $4,696,396 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $3,805,203 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $4,263,544 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $3,385,201 |
Interest on participant loans | 2019-12-31 | $6,892 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $338,302 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $326,626 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $695,606 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $6,874 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $265,552 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $664,031 |
Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | SIKICH LLP |
Accountancy firm EIN | 2019-12-31 | 363168081 |
2018 : THE INNOVATION GROUP 401(K) PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total transfer of assets to this plan | 2018-12-31 | $4,579,553 |
Total transfer of assets from this plan | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $-56,194 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $718,156 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $715,324 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $872 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $282,538 |
Value of total assets at end of year | 2018-12-31 | $3,805,203 |
Value of total assets at beginning of year | 2018-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $1,960 |
Total interest from all sources | 2018-12-31 | $2,605 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $149,236 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $149,236 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $1,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $166,621 |
Participant contributions at end of year | 2018-12-31 | $93,376 |
Administrative expenses (other) incurred | 2018-12-31 | $1,960 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-774,350 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $3,805,203 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $0 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $3,385,201 |
Interest on participant loans | 2018-12-31 | $2,605 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $326,626 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-493,873 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $3,300 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $115,917 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $715,324 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | SIKICH LLP |
Accountancy firm EIN | 2018-12-31 | 363168081 |