INFINITY TECHNOLOGY INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan INFINITY TECHNOLOGY INC 401K PLAN
| Measure | Date | Value |
|---|
| 2010: INFINITY TECHNOLOGY INC 401K PLAN 2010 401k membership |
|---|
| Total participants, beginning-of-year | 2010-01-01 | 117 |
| Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 18 |
| Number of retired or separated participants receiving benefits | 2010-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 59 |
| Total of all active and inactive participants | 2010-01-01 | 77 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 0 |
| Total participants | 2010-01-01 | 77 |
| Number of participants with account balances | 2010-01-01 | 68 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 7 |
| 2009: INFINITY TECHNOLOGY INC 401K PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 121 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 55 |
| Number of retired or separated participants receiving benefits | 2009-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 62 |
| Total of all active and inactive participants | 2009-01-01 | 117 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
| Total participants | 2009-01-01 | 117 |
| Number of participants with account balances | 2009-01-01 | 95 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 15 |
| Measure | Date | Value |
|---|
| 2010 : INFINITY TECHNOLOGY INC 401K PLAN 2010 401k financial data |
|---|
| Total income from all sources (including contributions) | 2010-12-31 | $238,205 |
| Total of all expenses incurred | 2010-12-31 | $425,254 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $418,676 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $93,234 |
| Value of total assets at end of year | 2010-12-31 | $1,011,687 |
| Value of total assets at beginning of year | 2010-12-31 | $1,198,736 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $6,578 |
| Total interest from all sources | 2010-12-31 | $1,416 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $19,172 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $19,172 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $150,000 |
| 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 |
| Contributions received from participants | 2010-12-31 | $73,110 |
| Participant contributions at end of year | 2010-12-31 | $14,767 |
| Participant contributions at beginning of year | 2010-12-31 | $32,873 |
| Administrative expenses (other) incurred | 2010-12-31 | $6,578 |
| 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 income/loss | 2010-12-31 | $-187,049 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $1,011,687 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,198,736 |
| 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 registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $957,721 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $1,038,385 |
| Interest on participant loans | 2010-12-31 | $1,404 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $39,199 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $127,478 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $127,478 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $12 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $124,383 |
| 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 |
| Contributions received in cash from employer | 2010-12-31 | $20,124 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $418,676 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| 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 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Qualified |
| Accountancy firm name | 2010-12-31 | HALL ALBRIGHT GARRISON & ASSOCIATES |
| Accountancy firm EIN | 2010-12-31 | 263659843 |
| 2009 : INFINITY TECHNOLOGY INC 401K PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |