SUMMIT SYSTEMS, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan 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 assets | 2014-01-31 | $0 |
| Total transfer of assets from this plan | 2014-01-31 | $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 assets | 2014-01-31 | $0 |
| Total of all expenses incurred | 2014-01-31 | $75,948 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-01-31 | $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 year | 2014-01-31 | $0 |
| Value of total assets at beginning of year | 2014-01-31 | $33,009,735 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-01-31 | $0 |
| Total interest from all sources | 2014-01-31 | $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 year | 2014-01-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2014-01-31 | $0 |
| Was this plan covered by a fidelity bond | 2014-01-31 | Yes |
| Value of fidelity bond cover | 2014-01-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-01-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-01-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-01-31 | No |
| Contributions received from participants | 2014-01-31 | $50,954 |
| Participant contributions at end of year | 2014-01-31 | $0 |
| Participant contributions at beginning of year | 2014-01-31 | $85,897 |
| Assets. Other investments not covered elsewhere at end of year | 2014-01-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2014-01-31 | $495,260 |
| Other income not declared elsewhere | 2014-01-31 | $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 appraiser | 2014-01-31 | No |
| Value of net income/loss | 2014-01-31 | $-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) | 2014-01-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-01-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-01-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-01-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-01-31 | $26,039,167 |
| Value of interest in pooled separate accounts at end of year | 2014-01-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2014-01-31 | $2,886,363 |
| Interest on participant loans | 2014-01-31 | $-145 |
| Value of interest in common/collective trusts at end of year | 2014-01-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2014-01-31 | $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 trusts | 2014-01-31 | $13,075 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-01-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-01-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-01-31 | No |
| Contributions received in cash from employer | 2014-01-31 | $16,620 |
| Employer contributions (assets) at end of year | 2014-01-31 | $0 |
| Employer contributions (assets) at beginning of year | 2014-01-31 | $61,393 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-01-31 | $75,948 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2014-01-31 | Yes |
| Did the plan have assets held for investment | 2014-01-31 | No |
| 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 | 2014-01-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-01-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-01-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-01-31 | Disclaimer |
| Accountancy firm name | 2014-01-31 | MCGLADREY LLP |
| Accountancy firm EIN | 2014-01-31 | 420714325 |
| 2013 : SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $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 assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $4,322,744 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $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 year | 2013-12-31 | $33,009,735 |
| Value of total assets at beginning of year | 2013-12-31 | $29,586,571 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $50,139 |
| Total interest from all sources | 2013-12-31 | $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 year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $1,229,031 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $1,133,927 |
| Participant contributions at end of year | 2013-12-31 | $85,897 |
| Participant contributions at beginning of year | 2013-12-31 | $146,711 |
| Assets. Other investments not covered elsewhere at end of year | 2013-12-31 | $495,260 |
| Assets. Other investments not covered elsewhere at beginning of year | 2013-12-31 | $125,224 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $3,808 |
| Other income not declared elsewhere | 2013-12-31 | $40,037 |
| Administrative expenses (other) incurred | 2013-12-31 | $305 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $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) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Investment advisory and management fees | 2013-12-31 | $49,834 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $26,039,167 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $22,649,841 |
| Value of interest in pooled separate accounts at end of year | 2013-12-31 | $2,886,363 |
| Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $3,730,242 |
| Interest on participant loans | 2013-12-31 | $4,612 |
| Value of interest in common/collective trusts at end of year | 2013-12-31 | $3,441,655 |
| Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $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 accounts | 2013-12-31 | $106,946 |
| Net investment gain or loss from common/collective trusts | 2013-12-31 | $565,236 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $487,063 |
| Employer contributions (assets) at end of year | 2013-12-31 | $61,393 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $65,503 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $4,272,605 |
| Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | MCGLADREY LLP |
| Accountancy firm EIN | 2013-12-31 | 420714325 |
| 2012 : SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $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 assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $4,654,564 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $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 year | 2012-12-31 | $29,586,571 |
| Value of total assets at beginning of year | 2012-12-31 | $28,764,782 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $50,756 |
| Total interest from all sources | 2012-12-31 | $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 year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $748,968 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $1,379,659 |
| Participant contributions at end of year | 2012-12-31 | $146,711 |
| Participant contributions at beginning of year | 2012-12-31 | $187,955 |
| Participant contributions at beginning of year | 2012-12-31 | $21,841 |
| Assets. Other investments not covered elsewhere at end of year | 2012-12-31 | $125,224 |
| Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $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 year | 2012-12-31 | $5,737 |
| Other income not declared elsewhere | 2012-12-31 | $10,375 |
| Administrative expenses (other) incurred | 2012-12-31 | $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 appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $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) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Investment advisory and management fees | 2012-12-31 | $48,556 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $22,649,841 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $21,530,978 |
| Value of interest in pooled separate accounts at end of year | 2012-12-31 | $3,730,242 |
| Interest on participant loans | 2012-12-31 | $5,606 |
| Value of interest in common/collective trusts at end of year | 2012-12-31 | $2,869,050 |
| Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $6,808,222 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $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 accounts | 2012-12-31 | $89,830 |
| Net investment gain or loss from common/collective trusts | 2012-12-31 | $411,876 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $595,101 |
| Employer contributions (assets) at end of year | 2012-12-31 | $65,503 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $117,194 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $4,603,808 |
| Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | MCGLADREY LLP |
| Accountancy firm EIN | 2012-12-31 | 420714325 |
| 2011 : SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $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 assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $1,992,017 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $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 year | 2011-12-31 | $28,764,782 |
| Value of total assets at beginning of year | 2011-12-31 | $29,526,060 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $50,952 |
| Total interest from all sources | 2011-12-31 | $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 year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $541,886 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $1,461,475 |
| Participant contributions at end of year | 2011-12-31 | $187,955 |
| Participant contributions at beginning of year | 2011-12-31 | $184,505 |
| Participant contributions at end of year | 2011-12-31 | $21,841 |
| Participant contributions at beginning of year | 2011-12-31 | $27,122 |
| Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $92,855 |
| Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $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 year | 2011-12-31 | $5,737 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $5,960 |
| Other income not declared elsewhere | 2011-12-31 | $-11,459 |
| Administrative expenses (other) incurred | 2011-12-31 | $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 appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $-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) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Investment advisory and management fees | 2011-12-31 | $49,077 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $21,530,978 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $23,685,780 |
| Interest on participant loans | 2011-12-31 | $6,287 |
| Value of interest in common/collective trusts at end of year | 2011-12-31 | $6,808,222 |
| Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $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 trusts | 2011-12-31 | $45,081 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $702,032 |
| Employer contributions (assets) at end of year | 2011-12-31 | $117,194 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $47,538 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $1,941,065 |
| Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | MCGLADREY & PULLEN |
| Accountancy firm EIN | 2011-12-31 | 420714325 |
| 2010 : SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $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 assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $1,270,701 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $1,180,757 |
| Value of total corrective distributions | 2010-12-31 | $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 year | 2010-12-31 | $29,526,060 |
| Value of total assets at beginning of year | 2010-12-31 | $24,690,510 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $62,586 |
| Total interest from all sources | 2010-12-31 | $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 year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $332,510 |
| Administrative expenses professional fees incurred | 2010-12-31 | $17,051 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $1,811,163 |
| Participant contributions at end of year | 2010-12-31 | $184,505 |
| Participant contributions at beginning of year | 2010-12-31 | $197,532 |
| Participant contributions at end of year | 2010-12-31 | $27,122 |
| Participant contributions at beginning of year | 2010-12-31 | $43,686 |
| Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $141,535 |
| Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $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 year | 2010-12-31 | $5,960 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $4,645 |
| Other income not declared elsewhere | 2010-12-31 | $31,714 |
| Administrative expenses (other) incurred | 2010-12-31 | $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 appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $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) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Investment advisory and management fees | 2010-12-31 | $43,735 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $23,685,780 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $19,581,488 |
| Interest on participant loans | 2010-12-31 | $8,834 |
| Value of interest in common/collective trusts at end of year | 2010-12-31 | $5,433,620 |
| Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $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 trusts | 2010-12-31 | $457,109 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $775,198 |
| Employer contributions (assets) at end of year | 2010-12-31 | $47,538 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $86,867 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $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 2520.101-3 | 2010-12-31 | No |
| Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | MCGLADREY & PULLEN |
| Accountancy firm EIN | 2010-12-31 | 420714325 |
| 2009 : SUMMIT SYSTEMS, INC. EMPLOYEES' 401(K) CAPITAL ACCUMULATION PLAN 2009 401k financial data |
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| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |