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EMPLOYEE BENEFIT PLAN OF TIVA SYSTEMS, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF TIVA SYSTEMS, INC.
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF TIVA SYSTEMS, INC. Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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.
  • 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.

401k Sponsoring company profile

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

Company Name:TIVA SYSTEMS, INC.
Employer identification number (EIN):205039237
NAIC Classification:541519
NAIC Description:Other Computer Related Services

Additional information about TIVA SYSTEMS, INC.

Jurisdiction of Incorporation: California Department of State
Incorporation Date: 2006-06-13
Company Identification Number: C2896905
Legal Registered Office Address: 4754 Mountaire Pl

San Jose
United States of America (USA)
95138

More information about TIVA SYSTEMS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF TIVA SYSTEMS, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01VIC THADHANI2023-06-09 VIC THADHANI2023-06-09
0012022-01-01VIC THADHANI2023-10-15
0012021-01-01VIC THADHANI2022-06-23 VIC THADHANI2022-06-23
0012020-01-01VIC THADHANI2021-05-27
0012019-01-01VIC THADHANI2020-07-23
0012018-01-01VIC THADHANI2019-07-01
0012017-01-01VIC THADANI2018-06-27 VIC THADANI2018-06-27
0012016-01-01VIC THADHANI2017-07-21 VIC THADHANI2017-07-21
0012015-01-01VIC THADHANI2016-08-25 VIC THADHANI2016-08-25
0012014-01-01VIC THADHANI2015-06-19 VIC THADHANI2015-06-19
0012013-01-01VIC THADHANI2014-07-16 VIC THADHANI2014-07-16
0012012-01-01VIC THADHANI2013-06-25 VIC THADHANI2013-06-25
0012011-01-01VIC THADHANI2012-07-19 VIC THADHANI2012-07-19
0012010-01-01VIC THADHANI2011-07-29 VIC THADHANI2011-07-29

Plan Statistics for EMPLOYEE BENEFIT PLAN OF TIVA SYSTEMS, INC.

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF TIVA SYSTEMS, INC.

Measure Date Value
2022: EMPLOYEE BENEFIT PLAN OF TIVA SYSTEMS, INC. 2022 401k membership
Market value of plan assets2022-12-310
Acturial value of plan assets2022-12-310
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-310
Fundng target for terminated vested participants2022-12-310
Active participant vested funding target2022-12-310
Number of active participants2022-12-313
Total funding liabilities for active participants2022-12-310
Total participant count2022-12-313
Total funding target for all participants2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-31500,000
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-31482,596
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31435,779
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-31435,779
Additional cash requirement2022-12-31435,779
Contributions allocatedtoward minimum required contributions for current year2022-12-31482,596
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-013
Total number of active participants reported on line 7a of the Form 55002022-01-013
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010

Financial Data on EMPLOYEE BENEFIT PLAN OF TIVA SYSTEMS, INC.

Measure Date Value
2022 : EMPLOYEE BENEFIT PLAN OF TIVA SYSTEMS, INC. 2022 401k financial data
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$500,000
Expenses. Total of all expenses incurred2022-12-31$0
Benefits paid (including direct rollovers)2022-12-31$0
Total plan assets at end of year2022-12-31$500,000
Total plan assets at beginning of year2022-12-31$0
Value of fidelity bond covering the plan2022-12-31$75,000
Total contributions received or receivable from participants2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$0
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$500,000
Net plan assets at end of year (total assets less liabilities)2022-12-31$500,000
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$500,000
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$0

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF TIVA SYSTEMS, INC.

2022: EMPLOYEE BENEFIT PLAN OF TIVA SYSTEMS, INC. 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01First time form 5500 has been submittedYes
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes

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