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NETFORTRIS 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameNETFORTRIS 401(K) PROFIT SHARING PLAN
Plan identification number 001

NETFORTRIS 401(K) PROFIT SHARING 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.
  • 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.

401k Sponsoring company profile

NETFORTRIS has sponsored the creation of one or more 401k plans.

Company Name:NETFORTRIS
Employer identification number (EIN):208719805
NAIC Classification:517000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NETFORTRIS 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-10-01SARAH PALLER2019-07-01

Plan Statistics for NETFORTRIS 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for NETFORTRIS 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: NETFORTRIS 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01186
Total number of active participants reported on line 7a of the Form 55002022-01-010
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 participants2022-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-010
Number of participants with account balances2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: NETFORTRIS 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01189
Total number of active participants reported on line 7a of the Form 55002021-01-01149
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0139
Total of all active and inactive participants2021-01-01188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01188
Number of participants with account balances2021-01-01127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: NETFORTRIS 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01199
Total number of active participants reported on line 7a of the Form 55002020-01-01152
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0129
Total of all active and inactive participants2020-01-01181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01181
Number of participants with account balances2020-01-01111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: NETFORTRIS 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01203
Total number of active participants reported on line 7a of the Form 55002019-01-01178
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0119
Total of all active and inactive participants2019-01-01197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01197
Number of participants with account balances2019-01-01106
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010

Financial Data on NETFORTRIS 401(K) PROFIT SHARING PLAN

Measure Date Value
2022 : NETFORTRIS 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-07-31$0
Total transfer of assets to this plan2022-07-31$0
Total transfer of assets from this plan2022-07-31$2,199,163
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-07-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-07-31$0
Total income from all sources (including contributions)2022-07-31$123,099
Total loss/gain on sale of assets2022-07-31$0
Total of all expenses incurred2022-07-31$207,573
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-07-31$198,610
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-07-31$425,159
Value of total assets at end of year2022-07-31$0
Value of total assets at beginning of year2022-07-31$2,283,637
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-07-31$8,963
Total interest from all sources2022-07-31$1,325
Total dividends received (eg from common stock, registered investment company shares)2022-07-31$8,009
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-07-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-07-31$8,009
Was this plan covered by a fidelity bond2022-07-31Yes
Value of fidelity bond cover2022-07-31$229,000
If this is an individual account plan, was there a blackout period2022-07-31No
Were there any nonexempt tranactions with any party-in-interest2022-07-31No
Contributions received from participants2022-07-31$387,722
Participant contributions at beginning of year2022-07-31$50,044
Income. Received or receivable in cash from other sources (including rollovers)2022-07-31$37,437
Administrative expenses (other) incurred2022-07-31$8,963
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-07-31No
Value of net income/loss2022-07-31$-84,474
Value of net assets at end of year (total assets less liabilities)2022-07-31$0
Value of net assets at beginning of year (total assets less liabilities)2022-07-31$2,283,637
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-07-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-07-31No
Were any leases to which the plan was party in default or uncollectible2022-07-31No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-07-31$2,233,309
Interest on participant loans2022-07-31$1,325
Value of interest in common/collective trusts at beginning of year2022-07-31$284
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-07-31$-311,398
Net investment gain or loss from common/collective trusts2022-07-31$4
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-07-31No
Was there a failure to transmit to the plan any participant contributions2022-07-31No
Has the plan failed to provide any benefit when due under the plan2022-07-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-07-31$198,610
Did the plan have assets held for investment2022-07-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-07-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-07-31Yes
Opinion of an independent qualified public accountant for this plan2022-07-31Unqualified
Accountancy firm name2022-07-31FORVIS LLP
Accountancy firm EIN2022-07-31440160260
2021 : NETFORTRIS 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$0
Total transfer of assets from this plan2021-12-31$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$961,342
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$347,841
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$337,272
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$651,629
Value of total assets at end of year2021-12-31$2,283,637
Value of total assets at beginning of year2021-12-31$1,670,136
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$10,569
Total interest from all sources2021-12-31$2,549
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$109,863
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$109,863
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$168,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$637,485
Participant contributions at end of year2021-12-31$50,044
Participant contributions at beginning of year2021-12-31$48,318
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$14,144
Administrative expenses (other) incurred2021-12-31$10,569
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$613,501
Value of net assets at end of year (total assets less liabilities)2021-12-31$2,283,637
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$1,670,136
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$2,233,309
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$1,621,573
Interest on participant loans2021-12-31$2,549
Value of interest in common/collective trusts at end of year2021-12-31$284
Value of interest in common/collective trusts at beginning of year2021-12-31$245
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$197,294
Net investment gain or loss from common/collective trusts2021-12-31$7
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$337,272
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31FORVIS, LLP
Accountancy firm EIN2021-12-31440160260
2020 : NETFORTRIS 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$0
Total transfer of assets from this plan2020-12-31$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$838,173
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$132,374
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$125,563
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$630,625
Value of total assets at end of year2020-12-31$1,670,136
Value of total assets at beginning of year2020-12-31$964,337
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$6,811
Total interest from all sources2020-12-31$452
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$30,526
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$30,526
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$97,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$575,537
Participant contributions at end of year2020-12-31$48,318
Participant contributions at beginning of year2020-12-31$2,308
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$55,088
Administrative expenses (other) incurred2020-12-31$6,811
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$705,799
Value of net assets at end of year (total assets less liabilities)2020-12-31$1,670,136
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$964,337
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$1,621,573
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$961,886
Interest on participant loans2020-12-31$452
Value of interest in common/collective trusts at end of year2020-12-31$245
Value of interest in common/collective trusts at beginning of year2020-12-31$143
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$176,562
Net investment gain or loss from common/collective trusts2020-12-31$8
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$125,563
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31BKD, LLP
Accountancy firm EIN2020-12-31440160260
2019 : NETFORTRIS 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$0
Total transfer of assets from this plan2019-12-31$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$917,640
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$93,624
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$65,236
Value of total corrective distributions2019-12-31$26,204
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$811,581
Value of total assets at end of year2019-12-31$964,337
Value of total assets at beginning of year2019-12-31$140,321
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$2,184
Total interest from all sources2019-12-31$62
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$17,442
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$17,442
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$15,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$538,415
Participant contributions at end of year2019-12-31$2,308
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$273,166
Administrative expenses (other) incurred2019-12-31$2,184
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$824,016
Value of net assets at end of year (total assets less liabilities)2019-12-31$964,337
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$140,321
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$961,886
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$140,227
Interest on participant loans2019-12-31$62
Value of interest in common/collective trusts at end of year2019-12-31$143
Value of interest in common/collective trusts at beginning of year2019-12-31$94
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$88,552
Net investment gain or loss from common/collective trusts2019-12-31$3
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$65,236
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31BKD, LLP
Accountancy firm EIN2019-12-31440160260

Form 5500 Responses for NETFORTRIS 401(K) PROFIT SHARING PLAN

2022: NETFORTRIS 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingYes
2022-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: NETFORTRIS 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: NETFORTRIS 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: NETFORTRIS 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes

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