MAGIC VALLEY BUSINESS SYSTEMS, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MAGIC VALLEY BUSINESS SYSTEMS, INC. 401(K)
| Measure | Date | Value |
|---|
| 2025 : MAGIC VALLEY BUSINESS SYSTEMS, INC. 401(K) 2025 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2025-02-12 | 7555 |
| Net assets as of the end of the plan year | 2025-02-12 | 105695 |
| Total assets as of the beginning of the plan year | 2025-02-12 | 90269 |
| Value of plan covered by a fidelity bond | 2025-02-12 | 10000 |
| Participant contributions to plan in this plan year | 2025-02-12 | 5100 |
| Value of participant loans at end of plan year | 2025-02-12 | 5295 |
| Other expenses paid from plan in this plan year | 2025-02-12 | 0 |
| Other income to plan in this plan year | 2025-02-12 | 15331 |
| Plan net income in this plan year | 2025-02-12 | 15426 |
| Net assets as of the end of the plan year | 2025-02-12 | 105695 |
| Net assets as of the beginning of the plan year | 2025-02-12 | 90269 |
| Employer contributions to plan in this plan year | 2025-02-12 | 2550 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-02-12 | 0 |
| 2024 : MAGIC VALLEY BUSINESS SYSTEMS, INC. 401(K) 2024 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2024-03-13 | 31397 |
| Net assets as of the end of the plan year | 2024-03-13 | 90269 |
| Total assets as of the beginning of the plan year | 2024-03-13 | 99188 |
| Value of plan covered by a fidelity bond | 2024-03-13 | 25000 |
| Participant contributions to plan in this plan year | 2024-03-13 | 7181 |
| Value of participant loans at end of plan year | 2024-03-13 | 9294 |
| Other expenses paid from plan in this plan year | 2024-03-13 | 1485 |
| Other income to plan in this plan year | 2024-03-13 | 11856 |
| Plan net income in this plan year | 2024-03-13 | -8919 |
| Net assets as of the end of the plan year | 2024-03-13 | 90269 |
| Net assets as of the beginning of the plan year | 2024-03-13 | 99188 |
| Employer contributions to plan in this plan year | 2024-03-13 | 3441 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-03-13 | 0 |
| 2011 : MAGIC VALLEY BUSINESS SYSTEMS, INC. 401(K) 2011 401k financial data |
|---|
| Total income from all sources | 2011-12-31 | $2,927 |
| Expenses. Total of all expenses incurred | 2011-12-31 | $4,000 |
| Benefits paid (including direct rollovers) | 2011-12-31 | $4,000 |
| Total plan assets at end of year | 2011-12-31 | $148,848 |
| Total plan assets at beginning of year | 2011-12-31 | $149,921 |
| Value of fidelity bond covering the plan | 2011-12-31 | $10,000 |
| Total contributions received or receivable from participants | 2011-12-31 | $6,265 |
| Contributions received from other sources (not participants or employers) | 2011-12-31 | $0 |
| Other income received | 2011-12-31 | $-3,338 |
| Net income (gross income less expenses) | 2011-12-31 | $-1,073 |
| Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $148,848 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $149,921 |
| Total contributions received or receivable from employer(s) | 2011-12-31 | $0 |
| 2010 : MAGIC VALLEY BUSINESS SYSTEMS, INC. 401(K) 2010 401k financial data |
|---|
| Total income from all sources | 2010-12-31 | $25,199 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $35,602 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $35,602 |
| Total plan assets at end of year | 2010-12-31 | $149,921 |
| Total plan assets at beginning of year | 2010-12-31 | $160,324 |
| Value of fidelity bond covering the plan | 2010-12-31 | $10,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $7,399 |
| Contributions received from other sources (not participants or employers) | 2010-12-31 | $0 |
| Other income received | 2010-12-31 | $17,800 |
| Net income (gross income less expenses) | 2010-12-31 | $-10,403 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $149,921 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $160,324 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $0 |
| 2011: MAGIC VALLEY BUSINESS SYSTEMS, INC. 401(K) 2011 form 5500 responses |
|---|
| 2011-01-01 | Type of plan entity | Single employer plan |
| 2011-01-01 | Submission has been amended | No |
| 2011-01-01 | This submission is the final filing | No |
| 2011-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2011-01-01 | Plan is a collectively bargained plan | No |
| 2011-01-01 | Plan funding arrangement – Insurance | Yes |
| 2011-01-01 | Plan funding arrangement – Trust | Yes |
| 2011-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2011-01-01 | Plan benefit arrangement - Trust | Yes |
| 2009: MAGIC VALLEY BUSINESS SYSTEMS, INC. 401(K) 2009 form 5500 responses |
|---|
| 2009-01-01 | Type of plan entity | Single employer plan |
| 2009-01-01 | Submission has been amended | No |
| 2009-01-01 | This submission is the final filing | No |
| 2009-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2009-01-01 | Plan is a collectively bargained plan | No |
| 2009-01-01 | Plan funding arrangement – Insurance | Yes |
| 2009-01-01 | Plan funding arrangement – Trust | Yes |
| 2009-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2009-01-01 | Plan benefit arrangement - Trust | Yes |
