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BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 401k Plan overview

Plan NameBUSINESS MICROVAR RETIREMENT PLAN AND TRUST
Plan identification number 002

BUSINESS MICROVAR RETIREMENT PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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

COLUMBUS US, INC. has sponsored the creation of one or more 401k plans.

Company Name:COLUMBUS US, INC.
Employer identification number (EIN):522103704
NAIC Classification:541519
NAIC Description:Other Computer Related Services

Additional information about COLUMBUS US, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2018-10-01
Company Identification Number: 0803134645
Legal Registered Office Address: 3001 BROADWAY ST NE STE 320

MINNEAPOLIS
United States of America (USA)
55413

More information about COLUMBUS US, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BUSINESS MICROVAR RETIREMENT PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022018-01-01
0022017-01-01CANDICE GRAHAM CANDICE GRAHAM2018-10-15

Plan Statistics for BUSINESS MICROVAR RETIREMENT PLAN AND TRUST

401k plan membership statisitcs for BUSINESS MICROVAR RETIREMENT PLAN AND TRUST

Measure Date Value
2022: BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-01192
Total number of active participants reported on line 7a of the Form 55002022-01-0153
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-01106
Total of all active and inactive participants2022-01-01159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01159
Number of participants with account balances2022-01-01158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-01210
Total number of active participants reported on line 7a of the Form 55002021-01-0163
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01128
Total of all active and inactive participants2021-01-01191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01191
Number of participants with account balances2021-01-01187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-01261
Total number of active participants reported on line 7a of the Form 55002020-01-01121
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0186
Total of all active and inactive participants2020-01-01207
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01207
Number of participants with account balances2020-01-01190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-01276
Total number of active participants reported on line 7a of the Form 55002019-01-01150
Number of other retired or separated participants entitled to future benefits2019-01-0189
Total of all active and inactive participants2019-01-01239
Total participants2019-01-01239
Number of participants with account balances2019-01-01204
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-01148
Total number of active participants reported on line 7a of the Form 55002018-01-0171
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0149
Total of all active and inactive participants2018-01-01120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01120
Number of participants with account balances2018-01-0196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-01171
Total number of active participants reported on line 7a of the Form 55002017-01-01102
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0143
Total of all active and inactive participants2017-01-01145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01145
Number of participants with account balances2017-01-01110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010

Financial Data on BUSINESS MICROVAR RETIREMENT PLAN AND TRUST

Measure Date Value
2022 : BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$238,022
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$5,224
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$53,710
Total income from all sources (including contributions)2022-12-31$-1,471,577
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$3,197,458
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$3,145,216
Expenses. Certain deemed distributions of participant loans2022-12-31$7,446
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$790,899
Value of total assets at end of year2022-12-31$11,192,148
Value of total assets at beginning of year2022-12-31$15,671,647
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$44,796
Total interest from all sources2022-12-31$958
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$861,838
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$861,838
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$501,368
Participant contributions at end of year2022-12-31$20,774
Participant contributions at beginning of year2022-12-31$51,048
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$41
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$51,622
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$5,224
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$53,710
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-4,669,035
Value of net assets at end of year (total assets less liabilities)2022-12-31$11,186,924
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$15,617,937
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$32,623
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$9,764,113
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$14,263,948
Interest on participant loans2022-12-31$958
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$53,551
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$53,551
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$1,407,261
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$1,302,874
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-3,125,272
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$237,909
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$185
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$3,145,216
Contract administrator fees2022-12-31$12,173
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31PKF MUELLER
Accountancy firm EIN2022-12-31362658780
2021 : BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2021 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$53,710
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$4,079,979
Total of all expenses incurred2021-12-31$6,055,756
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$5,964,526
Value of total corrective distributions2021-12-31$510
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,552,066
Value of total assets at end of year2021-12-31$15,671,647
Value of total assets at beginning of year2021-12-31$17,593,714
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$90,720
Total interest from all sources2021-12-31$3,329
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,088,548
Participant contributions at end of year2021-12-31$51,048
Participant contributions at beginning of year2021-12-31$45,093
Participant contributions at end of year2021-12-31$41
Participant contributions at beginning of year2021-12-31$130
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$66,852
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$53,710
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$0
Other income not declared elsewhere2021-12-31$-777
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$-1,975,777
Value of net assets at end of year (total assets less liabilities)2021-12-31$15,617,937
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$17,593,714
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
Investment advisory and management fees2021-12-31$87,545
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$14,263,948
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$15,517,050
Income. Interest from loans (other than to participants)2021-12-31$3,329
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$53,551
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$1,302,874
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$2,031,355
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,525,361
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
Contributions received in cash from employer2021-12-31$396,666
Employer contributions (assets) at end of year2021-12-31$185
Employer contributions (assets) at beginning of year2021-12-31$86
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$5,964,526
Contract administrator fees2021-12-31$3,175
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 name2021-12-31PKF MUELLER
Accountancy firm EIN2021-12-31362658780
2020 : BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$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$477
Total income from all sources (including contributions)2020-12-31$3,785,994
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$3,290,052
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$3,233,307
Value of total corrective distributions2020-12-31$461
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,543,976
Value of total assets at end of year2020-12-31$17,593,714
Value of total assets at beginning of year2020-12-31$17,098,249
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$56,284
Total interest from all sources2020-12-31$3,416
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,161,792
Participant contributions at end of year2020-12-31$45,093
Participant contributions at beginning of year2020-12-31$57,539
Participant contributions at end of year2020-12-31$130
Participant contributions at beginning of year2020-12-31$919
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$122,304
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$477
Administrative expenses (other) incurred2020-12-31$0
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$495,942
Value of net assets at end of year (total assets less liabilities)2020-12-31$17,593,714
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$17,097,772
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$15,517,050
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$16,994,999
Interest on participant loans2020-12-31$3,416
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$2,031,355
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,238,602
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
Contributions received in cash from employer2020-12-31$259,880
Employer contributions (assets) at end of year2020-12-31$86
Employer contributions (assets) at beginning of year2020-12-31$44,792
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$3,233,307
Contract administrator fees2020-12-31$56,284
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 plan2020-12-31Unqualified
Accountancy firm name2020-12-31PKF MUELLER
Accountancy firm EIN2020-12-31362658780
2019 : BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2019 401k financial data
Total transfer of assets to this plan2019-12-31$6,167,742
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$477
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$4,853,587
Total of all expenses incurred2019-12-31$3,751,522
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,689,891
Value of total corrective distributions2019-12-31$927
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,853,925
Value of total assets at end of year2019-12-31$17,098,249
Value of total assets at beginning of year2019-12-31$9,827,965
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$60,704
Total interest from all sources2019-12-31$4,368
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,379,616
Participant contributions at end of year2019-12-31$57,539
Participant contributions at beginning of year2019-12-31$29,114
Participant contributions at end of year2019-12-31$919
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$320,768
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$477
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$1,102,065
Value of net assets at end of year (total assets less liabilities)2019-12-31$17,097,772
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$9,827,965
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$16,994,999
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$7,485,969
Interest on participant loans2019-12-31$4,368
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$2,312,882
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,995,294
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 contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$153,541
Employer contributions (assets) at end of year2019-12-31$44,792
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$3,689,891
Contract administrator fees2019-12-31$60,704
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
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 name2019-12-31BOYUM & BARENSCHEER PLLP
Accountancy firm EIN2019-12-31416192096
2018 : BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$302,343
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$2,161,472
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$2,092,409
Expenses. Certain deemed distributions of participant loans2018-12-31$18,187
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$807,774
Value of total assets at end of year2018-12-31$9,827,965
Value of total assets at beginning of year2018-12-31$11,687,094
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$50,876
Total interest from all sources2018-12-31$2,723
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$729,138
Participant contributions at end of year2018-12-31$29,114
Participant contributions at beginning of year2018-12-31$97,323
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$19,223
Other income not declared elsewhere2018-12-31$44,378
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-1,859,129
Value of net assets at end of year (total assets less liabilities)2018-12-31$9,827,965
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$11,687,094
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$7,485,969
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$10,089,557
Interest on participant loans2018-12-31$2,723
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$2,312,882
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$1,500,214
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-552,532
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$59,413
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$2,092,409
Contract administrator fees2018-12-31$50,876
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31BOYUM & BARENSCHEER PLLP
Accountancy firm EIN2018-12-31416192096
2017 : BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$2,793,989
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$1,399,138
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,386,692
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,222,200
Value of total assets at end of year2017-12-31$11,687,094
Value of total assets at beginning of year2017-12-31$10,292,243
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$12,446
Total interest from all sources2017-12-31$4,970
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$932,589
Participant contributions at end of year2017-12-31$97,323
Participant contributions at beginning of year2017-12-31$139,825
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$215,146
Other income not declared elsewhere2017-12-31$14,044
Administrative expenses (other) incurred2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,394,851
Value of net assets at end of year (total assets less liabilities)2017-12-31$11,687,094
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$10,292,243
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$10,089,557
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$8,938,451
Interest on participant loans2017-12-31$4,970
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$1,500,214
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$1,213,967
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,552,775
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$74,465
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,386,692
Contract administrator fees2017-12-31$12,446
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31BOYUM & BARENSCHEER PLLP
Accountancy firm EIN2017-12-31416192096

Form 5500 Responses for BUSINESS MICROVAR RETIREMENT PLAN AND TRUST

2022: BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 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 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 – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 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 – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 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 – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 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 – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: BUSINESS MICROVAR RETIREMENT PLAN AND TRUST 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 filingNo
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 – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR 63049-1
Policy instance 1
Insurance contract or identification numberMR 63049-1
Number of Individuals Covered65
Insurance policy start date2022-01-01
Insurance policy end date2022-10-28
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number781330-01
Policy instance 2
Insurance contract or identification number781330-01
Number of Individuals Covered24
Insurance policy start date2022-10-29
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR 63049-1
Policy instance 1
Insurance contract or identification numberMR 63049-1
Number of Individuals Covered125
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR 63049-1
Policy instance 1
Insurance contract or identification numberMR 63049-1
Number of Individuals Covered143
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-829377
Policy instance 1
Insurance contract or identification numberGA-829377
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $2,552
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees2552
Additional information about fees paid to insurance brokerADMINISTRATIVE ALLOWANCE
Insurance broker organization code?5
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-829377
Policy instance 1
Insurance contract or identification numberGA-829377
Number of Individuals Covered96
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $5,803
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $5,803
Amount paid for insurance broker fees0
Insurance broker organization code?5
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-829377
Policy instance 1
Insurance contract or identification numberGA-829377
Number of Individuals Covered110
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $10,188
Total amount of fees paid to insurance companyUSD $5,385
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,188
Insurance broker organization code?4
Amount paid for insurance broker fees5385
Additional information about fees paid to insurance brokerADMINISTRATIVE ALLOWANCE
Insurance broker nameTAX SHELTERED COMPENSATION INC

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