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ISC GROUP INC 401(K) PLAN AND TRUST 401k Plan overview

Plan NameISC GROUP INC 401(K) PLAN AND TRUST
Plan identification number 001

ISC GROUP INC 401(K) 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

ISC GROUP INC has sponsored the creation of one or more 401k plans.

Company Name:ISC GROUP INC
Employer identification number (EIN):752290811
NAIC Classification:523120
NAIC Description:Securities Brokerage

Additional information about ISC GROUP INC

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 2015-01-23
Company Identification Number: 4699759
Legal Registered Office Address: 2521 STEINWAY STREET
STE 2F
ASTORIA
United States of America (USA)
11103

More information about ISC GROUP INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ISC GROUP INC 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01SCOTT HAYES2023-07-14
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01SCOTT HAYES2019-06-13
0012017-01-01SCOTT HAYES2018-07-23
0012016-01-01SCOTT HAYES2017-07-05
0012015-01-01SCOTT HAYES2016-07-08
0012014-01-01SCOTT HAYES2015-07-16
0012013-01-01SCOTT HAYES2014-07-07
0012012-01-01SCOTT HAYES2013-10-10
0012011-01-01SCOTT HAYES
0012010-01-01SCOTT HAYES

Plan Statistics for ISC GROUP INC 401(K) PLAN AND TRUST

401k plan membership statisitcs for ISC GROUP INC 401(K) PLAN AND TRUST

Measure Date Value
2021: ISC GROUP INC 401(K) PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-0129
Total number of active participants reported on line 7a of the Form 55002021-01-0117
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-016
Total of all active and inactive participants2021-01-0123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0123
Number of participants with account balances2021-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-012
2020: ISC GROUP INC 401(K) PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-0128
Total number of active participants reported on line 7a of the Form 55002020-01-0117
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0112
Total of all active and inactive participants2020-01-0129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0129
Number of participants with account balances2020-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-011
2019: ISC GROUP INC 401(K) PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-0125
Total number of active participants reported on line 7a of the Form 55002019-01-0117
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0111
Total of all active and inactive participants2019-01-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0128
Number of participants with account balances2019-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-012
2011: ISC GROUP INC 401(K) PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-0127
Total number of active participants reported on line 7a of the Form 55002011-01-0116
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-015
Total of all active and inactive participants2011-01-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0121
Number of participants with account balances2011-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2010: ISC GROUP INC 401(K) PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-0126
Total number of active participants reported on line 7a of the Form 55002010-01-0118
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-019
Total of all active and inactive participants2010-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0127
Number of participants with account balances2010-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-015

Financial Data on ISC GROUP INC 401(K) PLAN AND TRUST

Measure Date Value
2021 : ISC GROUP INC 401(K) PLAN AND TRUST 2021 401k financial data
Total income from all sources2021-12-31$1,022,883
Expenses. Total of all expenses incurred2021-12-31$448,032
Benefits paid (including direct rollovers)2021-12-31$447,332
Total plan assets at end of year2021-12-31$5,224,452
Total plan assets at beginning of year2021-12-31$4,649,601
Value of fidelity bond covering the plan2021-12-31$500,000
Total contributions received or receivable from participants2021-12-31$116,835
Other income received2021-12-31$757,033
Net income (gross income less expenses)2021-12-31$574,851
Net plan assets at end of year (total assets less liabilities)2021-12-31$5,224,452
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$4,649,601
Assets. Value of participant loans2021-12-31$93,260
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022021-12-31$11,857
Total contributions received or receivable from employer(s)2021-12-31$149,015
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$700
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : ISC GROUP INC 401(K) PLAN AND TRUST 2020 401k financial data
Total income from all sources2020-12-31$880,041
Expenses. Total of all expenses incurred2020-12-31$324,556
Benefits paid (including direct rollovers)2020-12-31$324,130
Total plan assets at end of year2020-12-31$4,649,601
Total plan assets at beginning of year2020-12-31$4,094,116
Value of fidelity bond covering the plan2020-12-31$500,000
Total contributions received or receivable from participants2020-12-31$117,693
Other income received2020-12-31$625,445
Net income (gross income less expenses)2020-12-31$555,485
Net plan assets at end of year (total assets less liabilities)2020-12-31$4,649,601
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$4,094,116
Assets. Value of participant loans2020-12-31$114,284
Assets. Value of assets in partnership/joint-venture interests2020-12-31$4,480
Total contributions received or receivable from employer(s)2020-12-31$136,903
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$426
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : ISC GROUP INC 401(K) PLAN AND TRUST 2019 401k financial data
Total income from all sources2019-12-31$1,012,156
Expenses. Total of all expenses incurred2019-12-31$87,818
Benefits paid (including direct rollovers)2019-12-31$72,139
Total plan assets at end of year2019-12-31$4,094,116
Total plan assets at beginning of year2019-12-31$3,169,778
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$108,723
Other income received2019-12-31$763,588
Net income (gross income less expenses)2019-12-31$924,338
Net plan assets at end of year (total assets less liabilities)2019-12-31$4,094,116
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$3,169,778
Assets. Value of participant loans2019-12-31$83,634
Assets. Value of assets in partnership/joint-venture interests2019-12-31$10,820
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022019-12-31$646
Total contributions received or receivable from employer(s)2019-12-31$139,845
Value of certain deemed distributions of participant loans2019-12-31$15,454
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$225
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2011 : ISC GROUP INC 401(K) PLAN AND TRUST 2011 401k financial data
Total income from all sources2011-12-31$12,148
Expenses. Total of all expenses incurred2011-12-31$70,657
Benefits paid (including direct rollovers)2011-12-31$70,132
Total plan assets at end of year2011-12-31$2,374,809
Total plan assets at beginning of year2011-12-31$2,433,318
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$90,165
Other income received2011-12-31$-192,965
Net income (gross income less expenses)2011-12-31$-58,509
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,374,809
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,433,318
Assets. Value of participant loans2011-12-31$122,362
Total contributions received or receivable from employer(s)2011-12-31$114,948
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$525
2010 : ISC GROUP INC 401(K) PLAN AND TRUST 2010 401k financial data
Total income from all sources2010-12-31$544,225
Expenses. Total of all expenses incurred2010-12-31$25,505
Benefits paid (including direct rollovers)2010-12-31$25,505
Total plan assets at end of year2010-12-31$2,433,318
Total plan assets at beginning of year2010-12-31$1,914,598
Value of fidelity bond covering the plan2010-12-31$50,000
Total contributions received or receivable from participants2010-12-31$71,456
Other income received2010-12-31$336,909
Net income (gross income less expenses)2010-12-31$518,720
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,433,318
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,914,598
Assets. Value of participant loans2010-12-31$34,683
Total contributions received or receivable from employer(s)2010-12-31$135,860

Form 5500 Responses for ISC GROUP INC 401(K) PLAN AND TRUST

2021: ISC GROUP INC 401(K) 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: ISC GROUP INC 401(K) 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: ISC GROUP INC 401(K) 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
2011: ISC GROUP INC 401(K) PLAN AND TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: ISC GROUP INC 401(K) PLAN AND TRUST 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberR00197
Policy instance 1
Insurance contract or identification numberR00197
Number of Individuals Covered5
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberR00197
Policy instance 1
Insurance contract or identification numberR00197
Number of Individuals Covered10
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberR00197
Policy instance 1
Insurance contract or identification numberR00197
Number of Individuals Covered17
Insurance policy start date2019-12-01
Insurance policy end date2019-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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