INTERNATIONAL AUTO PROCESSING INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan INTERNATIONAL AUTO PROCESSING INC 401K RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2010 : INTERNATIONAL AUTO PROCESSING INC 401K RETIREMENT PLAN 2010 401k financial data |
|---|
| Value of total assets at beginning of year | 2010-12-31 | $1,950,905 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Was this plan covered by a fidelity bond | 2010-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Participant contributions at beginning of year | 2010-12-31 | $132,683 |
| Participant contributions at beginning of year | 2010-12-31 | $5,009 |
| 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 assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,950,905 |
| 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 |
| Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $1,478,199 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $333,097 |
| 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 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $1,917 |
| Did the plan have assets held for investment | 2010-12-31 | 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 | 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 |
| Total transfer of assets from this plan | 2010-10-22 | $2,017,873 |
| Total income from all sources (including contributions) | 2010-10-22 | $138,263 |
| Total of all expenses incurred | 2010-10-22 | $71,296 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-10-22 | $64,307 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-10-22 | $43,633 |
| Value of total assets at beginning of year | 2010-10-22 | $1,950,905 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-10-22 | $6,989 |
| Total interest from all sources | 2010-10-22 | $4,327 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-10-22 | No |
| Was this plan covered by a fidelity bond | 2010-10-22 | No |
| If this is an individual account plan, was there a blackout period | 2010-10-22 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-10-22 | No |
| Contributions received from participants | 2010-10-22 | $31,072 |
| Participant contributions at beginning of year | 2010-10-22 | $132,683 |
| Participant contributions at beginning of year | 2010-10-22 | $5,009 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-10-22 | No |
| Value of net income/loss | 2010-10-22 | $66,967 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-10-22 | $1,950,905 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-10-22 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-10-22 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-10-22 | No |
| Value of interest in pooled separate accounts at beginning of year | 2010-10-22 | $1,478,199 |
| Interest on participant loans | 2010-10-22 | $1,616 |
| Interest earned on other investments | 2010-10-22 | $2,711 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-10-22 | $333,097 |
| Net investment gain/loss from pooled separate accounts | 2010-10-22 | $90,303 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-10-22 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-10-22 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-10-22 | No |
| Contributions received in cash from employer | 2010-10-22 | $12,561 |
| Employer contributions (assets) at beginning of year | 2010-10-22 | $1,917 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-10-22 | $64,307 |
| Contract administrator fees | 2010-10-22 | $6,989 |
| Did the plan have assets held for investment | 2010-10-22 | 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 | 2010-10-22 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-10-22 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-10-22 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-10-22 | Disclaimer |
| Accountancy firm name | 2010-10-22 | BLACK & PINCKARD LLC |
| Accountancy firm EIN | 2010-10-22 | 260079381 |
