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SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 401k Plan overview

Plan NameSUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN
Plan identification number 001

SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN Benefits

401k Plan TypeDefined 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 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SUMMIT SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name:SUMMIT SYSTEMS, INC.
Employer identification number (EIN):133562902
NAIC Classification:541512
NAIC Description:Computer Systems Design Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012014-01-01NANCY LANHAM
0012013-01-01EMILY RENDE
0012012-01-01EMILY RENDE
0012011-01-01EMILY RENDE
0012010-01-01JOANNE FELIX
0012009-01-01JOANNE FELIX

Plan Statistics for SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN

401k plan membership statisitcs for SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN

Measure Date Value
2014: SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01177
Total number of active participants reported on line 7a of the Form 55002014-01-010
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-010
Number of participants with account balances2014-01-010
2013: SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01207
Total number of active participants reported on line 7a of the Form 55002013-01-0184
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0193
Total of all active and inactive participants2013-01-01177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01177
Number of participants with account balances2013-01-01170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01234
Total number of active participants reported on line 7a of the Form 55002012-01-01101
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-01106
Total of all active and inactive participants2012-01-01207
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01207
Number of participants with account balances2012-01-01199
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01270
Total number of active participants reported on line 7a of the Form 55002011-01-01129
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01105
Total of all active and inactive participants2011-01-01234
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01234
Number of participants with account balances2011-01-01218
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2010: SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01267
Total number of active participants reported on line 7a of the Form 55002010-01-01140
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-01130
Total of all active and inactive participants2010-01-01270
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01270
Number of participants with account balances2010-01-01253
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-012
2009: SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01303
Total number of active participants reported on line 7a of the Form 55002009-01-01175
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0192
Total of all active and inactive participants2009-01-01267
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01267
Number of participants with account balances2009-01-01243
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN

Measure Date Value
2014 : SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-01-31$0
Total transfer of assets from this plan2014-01-31$32,986,667
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-01-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-01-31$0
Total income from all sources (including contributions)2014-01-31$52,880
Total loss/gain on sale of assets2014-01-31$0
Total of all expenses incurred2014-01-31$75,948
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-01-31$75,948
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-01-31$67,574
Value of total assets at end of year2014-01-31$0
Value of total assets at beginning of year2014-01-31$33,009,735
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-01-31$0
Total interest from all sources2014-01-31$5,490
Total dividends received (eg from common stock, registered investment company shares)2014-01-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-01-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2014-01-31$0
Was this plan covered by a fidelity bond2014-01-31Yes
Value of fidelity bond cover2014-01-31$1,000,000
If this is an individual account plan, was there a blackout period2014-01-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-01-31$0
Were there any nonexempt tranactions with any party-in-interest2014-01-31No
Contributions received from participants2014-01-31$50,954
Participant contributions at end of year2014-01-31$0
Participant contributions at beginning of year2014-01-31$85,897
Assets. Other investments not covered elsewhere at end of year2014-01-31$0
Assets. Other investments not covered elsewhere at beginning of year2014-01-31$495,260
Other income not declared elsewhere2014-01-31$2,164
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-01-31No
Value of net income/loss2014-01-31$-23,068
Value of net assets at end of year (total assets less liabilities)2014-01-31$0
Value of net assets at beginning of year (total assets less liabilities)2014-01-31$33,009,735
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-01-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-01-31No
Were any leases to which the plan was party in default or uncollectible2014-01-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-01-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-01-31$26,039,167
Value of interest in pooled separate accounts at end of year2014-01-31$0
Value of interest in pooled separate accounts at beginning of year2014-01-31$2,886,363
Interest on participant loans2014-01-31$-145
Value of interest in common/collective trusts at end of year2014-01-31$0
Value of interest in common/collective trusts at beginning of year2014-01-31$3,441,655
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-01-31$5,635
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-01-31$-35,423
Net investment gain or loss from common/collective trusts2014-01-31$13,075
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-01-31No
Was there a failure to transmit to the plan any participant contributions2014-01-31No
Has the plan failed to provide any benefit when due under the plan2014-01-31No
Contributions received in cash from employer2014-01-31$16,620
Employer contributions (assets) at end of year2014-01-31$0
Employer contributions (assets) at beginning of year2014-01-31$61,393
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-01-31$75,948
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-01-31Yes
Did the plan have assets held for investment2014-01-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-01-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-01-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-01-31Yes
Opinion of an independent qualified public accountant for this plan2014-01-31Disclaimer
Accountancy firm name2014-01-31MCGLADREY LLP
Accountancy firm EIN2014-01-31420714325
2013 : SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$7,745,908
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$4,322,744
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$4,272,605
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,624,798
Value of total assets at end of year2013-12-31$33,009,735
Value of total assets at beginning of year2013-12-31$29,586,571
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$50,139
Total interest from all sources2013-12-31$4,612
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$1,229,031
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$1,229,031
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$1,133,927
Participant contributions at end of year2013-12-31$85,897
Participant contributions at beginning of year2013-12-31$146,711
Assets. Other investments not covered elsewhere at end of year2013-12-31$495,260
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$125,224
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$3,808
Other income not declared elsewhere2013-12-31$40,037
Administrative expenses (other) incurred2013-12-31$305
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$3,423,164
Value of net assets at end of year (total assets less liabilities)2013-12-31$33,009,735
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$29,586,571
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$49,834
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$26,039,167
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$22,649,841
Value of interest in pooled separate accounts at end of year2013-12-31$2,886,363
Value of interest in pooled separate accounts at beginning of year2013-12-31$3,730,242
Interest on participant loans2013-12-31$4,612
Value of interest in common/collective trusts at end of year2013-12-31$3,441,655
Value of interest in common/collective trusts at beginning of year2013-12-31$2,869,050
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$4,175,248
Net investment gain/loss from pooled separate accounts2013-12-31$106,946
Net investment gain or loss from common/collective trusts2013-12-31$565,236
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$487,063
Employer contributions (assets) at end of year2013-12-31$61,393
Employer contributions (assets) at beginning of year2013-12-31$65,503
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$4,272,605
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31MCGLADREY LLP
Accountancy firm EIN2013-12-31420714325
2012 : SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$5,476,353
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$4,654,564
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$4,603,808
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,997,609
Value of total assets at end of year2012-12-31$29,586,571
Value of total assets at beginning of year2012-12-31$28,764,782
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$50,756
Total interest from all sources2012-12-31$5,606
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$748,968
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$748,968
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$1,379,659
Participant contributions at end of year2012-12-31$146,711
Participant contributions at beginning of year2012-12-31$187,955
Participant contributions at beginning of year2012-12-31$21,841
Assets. Other investments not covered elsewhere at end of year2012-12-31$125,224
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$92,855
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$22,849
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$5,737
Other income not declared elsewhere2012-12-31$10,375
Administrative expenses (other) incurred2012-12-31$2,200
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$821,789
Value of net assets at end of year (total assets less liabilities)2012-12-31$29,586,571
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$28,764,782
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$48,556
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$22,649,841
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$21,530,978
Value of interest in pooled separate accounts at end of year2012-12-31$3,730,242
Interest on participant loans2012-12-31$5,606
Value of interest in common/collective trusts at end of year2012-12-31$2,869,050
Value of interest in common/collective trusts at beginning of year2012-12-31$6,808,222
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$2,212,089
Net investment gain/loss from pooled separate accounts2012-12-31$89,830
Net investment gain or loss from common/collective trusts2012-12-31$411,876
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$595,101
Employer contributions (assets) at end of year2012-12-31$65,503
Employer contributions (assets) at beginning of year2012-12-31$117,194
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$4,603,808
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31MCGLADREY LLP
Accountancy firm EIN2012-12-31420714325
2011 : SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$1,230,739
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$1,992,017
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,941,065
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,219,575
Value of total assets at end of year2011-12-31$28,764,782
Value of total assets at beginning of year2011-12-31$29,526,060
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$50,952
Total interest from all sources2011-12-31$6,287
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$541,886
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$541,886
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$1,461,475
Participant contributions at end of year2011-12-31$187,955
Participant contributions at beginning of year2011-12-31$184,505
Participant contributions at end of year2011-12-31$21,841
Participant contributions at beginning of year2011-12-31$27,122
Assets. Other investments not covered elsewhere at end of year2011-12-31$92,855
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$141,535
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$56,068
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$5,737
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$5,960
Other income not declared elsewhere2011-12-31$-11,459
Administrative expenses (other) incurred2011-12-31$1,875
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-761,278
Value of net assets at end of year (total assets less liabilities)2011-12-31$28,764,782
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$29,526,060
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$49,077
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$21,530,978
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$23,685,780
Interest on participant loans2011-12-31$6,287
Value of interest in common/collective trusts at end of year2011-12-31$6,808,222
Value of interest in common/collective trusts at beginning of year2011-12-31$5,433,620
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-1,570,631
Net investment gain or loss from common/collective trusts2011-12-31$45,081
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$702,032
Employer contributions (assets) at end of year2011-12-31$117,194
Employer contributions (assets) at beginning of year2011-12-31$47,538
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,941,065
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31MCGLADREY & PULLEN
Accountancy firm EIN2011-12-31420714325
2010 : SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$6,106,251
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$1,270,701
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,180,757
Value of total corrective distributions2010-12-31$27,358
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,599,618
Value of total assets at end of year2010-12-31$29,526,060
Value of total assets at beginning of year2010-12-31$24,690,510
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$62,586
Total interest from all sources2010-12-31$8,834
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$332,510
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$332,510
Administrative expenses professional fees incurred2010-12-31$17,051
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,811,163
Participant contributions at end of year2010-12-31$184,505
Participant contributions at beginning of year2010-12-31$197,532
Participant contributions at end of year2010-12-31$27,122
Participant contributions at beginning of year2010-12-31$43,686
Assets. Other investments not covered elsewhere at end of year2010-12-31$141,535
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$108,396
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$13,257
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$5,960
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$4,645
Other income not declared elsewhere2010-12-31$31,714
Administrative expenses (other) incurred2010-12-31$1,800
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$4,835,550
Value of net assets at end of year (total assets less liabilities)2010-12-31$29,526,060
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$24,690,510
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$43,735
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$23,685,780
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$19,581,488
Interest on participant loans2010-12-31$8,834
Value of interest in common/collective trusts at end of year2010-12-31$5,433,620
Value of interest in common/collective trusts at beginning of year2010-12-31$4,667,896
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$2,676,466
Net investment gain or loss from common/collective trusts2010-12-31$457,109
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$775,198
Employer contributions (assets) at end of year2010-12-31$47,538
Employer contributions (assets) at beginning of year2010-12-31$86,867
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,180,757
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31MCGLADREY & PULLEN
Accountancy firm EIN2010-12-31420714325
2009 : SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN

2014: SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedYes
2014-01-01This submission is the final filingYes
2014-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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