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401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP 401k Plan overview

Plan Name401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP
Plan identification number 002

401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP 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.
  • 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

TECH MAHINDRA AMERICAS INC. has sponsored the creation of one or more 401k plans.

Company Name:TECH MAHINDRA AMERICAS INC.
Employer identification number (EIN):223282696
NAIC Classification:541519
NAIC Description:Other Computer Related Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022017-01-01CHITERSEN YADAV
0022016-01-01MURALI MADHAV

Plan Statistics for 401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP

401k plan membership statisitcs for 401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP

Measure Date Value
2017: 401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP 2017 401k membership
Total participants, beginning-of-year2017-01-0112
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: 401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP 2016 401k membership
Total participants, beginning-of-year2016-01-0119
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0112
Total of all active and inactive participants2016-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0112
Number of participants with account balances2016-01-0112

Financial Data on 401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP

Measure Date Value
2017 : 401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP 2017 401k financial data
Transfers to/from the plan2017-12-31$-1,047,788
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$386,977
Expenses. Total of all expenses incurred2017-12-31$1,174,165
Benefits paid (including direct rollovers)2017-12-31$1,172,176
Total plan assets at end of year2017-12-31$0
Total plan assets at beginning of year2017-12-31$1,834,976
Value of fidelity bond covering the plan2017-12-31$500,000
Total contributions received or receivable from participants2017-12-31$0
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$386,977
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$-787,188
Net plan assets at end of year (total assets less liabilities)2017-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,834,976
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022017-12-31$0
Total contributions received or receivable from employer(s)2017-12-31$0
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$1,989
2016 : 401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$154,282
Expenses. Total of all expenses incurred2016-12-31$1,011,536
Benefits paid (including direct rollovers)2016-12-31$1,009,011
Total plan assets at end of year2016-12-31$1,834,976
Total plan assets at beginning of year2016-12-31$2,692,230
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$154,282
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-857,254
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,834,976
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,692,230
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$2,525

Form 5500 Responses for 401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP

2017: 401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingYes
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: 401(K) PLAN FOR THE FORMER EMPLOYEES OF BRIDGE STRATEGY GROUP 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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