SAVANT SYSTEMS, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SAVANT SYSTEMS 401(K) PROFIT SHARING PLAN
Measure | Date | Value |
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2022 : SAVANT SYSTEMS 401(K) PROFIT SHARING PLAN 2022 401k financial data |
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Total income from all sources (including contributions) | 2022-12-31 | $4,387,220 |
Total of all expenses incurred | 2022-12-31 | $3,418,129 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $3,359,316 |
Value of total corrective distributions | 2022-12-31 | $36,423 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $9,522,744 |
Value of total assets at end of year | 2022-12-31 | $32,121,520 |
Value of total assets at beginning of year | 2022-12-31 | $31,152,429 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $22,390 |
Total interest from all sources | 2022-12-31 | $66,399 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $6,517,768 |
Participant contributions at end of year | 2022-12-31 | $402,286 |
Participant contributions at beginning of year | 2022-12-31 | $324,997 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $640,452 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $1,151 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $780 |
Administrative expenses (other) incurred | 2022-12-31 | $22,390 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $969,091 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $32,121,520 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $31,152,429 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $28,117,309 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $27,920,132 |
Interest on participant loans | 2022-12-31 | $16,735 |
Interest earned on other investments | 2022-12-31 | $49,664 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $3,600,774 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $2,906,520 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-5,201,923 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $2,364,524 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $3,359,316 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | PKF O'CONNOR DAVIES, LLP |
Accountancy firm EIN | 2022-12-31 | 271728945 |
2021 : SAVANT SYSTEMS 401(K) PROFIT SHARING PLAN 2021 401k financial data |
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Total transfer of assets to this plan | 2021-12-31 | $969,570 |
Total income from all sources (including contributions) | 2021-12-31 | $13,226,421 |
Total of all expenses incurred | 2021-12-31 | $1,898,484 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,884,276 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $10,142,219 |
Value of total assets at end of year | 2021-12-31 | $31,152,429 |
Value of total assets at beginning of year | 2021-12-31 | $18,854,922 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $14,208 |
Total interest from all sources | 2021-12-31 | $55,147 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $6,877,713 |
Participant contributions at end of year | 2021-12-31 | $324,997 |
Participant contributions at beginning of year | 2021-12-31 | $174,493 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,063,089 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $780 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $66 |
Administrative expenses (other) incurred | 2021-12-31 | $14,208 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $11,327,937 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $31,152,429 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $18,854,922 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $27,920,132 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $15,554,215 |
Interest on participant loans | 2021-12-31 | $10,206 |
Interest earned on other investments | 2021-12-31 | $44,941 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $2,906,520 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $3,126,148 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $3,029,055 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $2,201,417 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,884,276 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | PKF O'CONNOR DAVIES, LLP |
Accountancy firm EIN | 2021-12-31 | 271728945 |
2020 : SAVANT SYSTEMS 401(K) PROFIT SHARING PLAN 2020 401k financial data |
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Total transfer of assets to this plan | 2020-12-31 | $276,122 |
Total income from all sources (including contributions) | 2020-12-31 | $8,705,122 |
Total of all expenses incurred | 2020-12-31 | $404,394 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $401,025 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $6,628,273 |
Value of total assets at end of year | 2020-12-31 | $18,854,922 |
Value of total assets at beginning of year | 2020-12-31 | $10,278,072 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $3,369 |
Total interest from all sources | 2020-12-31 | $51,788 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $3,267,286 |
Participant contributions at end of year | 2020-12-31 | $174,493 |
Participant contributions at beginning of year | 2020-12-31 | $190,061 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $2,484,593 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $66 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $34 |
Administrative expenses (other) incurred | 2020-12-31 | $3,369 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $8,300,728 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $18,854,922 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $10,278,072 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $15,554,215 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $7,669,334 |
Interest on participant loans | 2020-12-31 | $11,247 |
Interest earned on other investments | 2020-12-31 | $40,541 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $3,126,148 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $2,418,643 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $2,025,061 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $876,394 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $401,025 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | No |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | DICICCO, GULMAN & COMPANY LLP |
Accountancy firm EIN | 2020-12-31 | 043296226 |