401k Plan data: SALT COMMUNICATIONS, LLC 401(K) PLAN plan

SALT COMMUNICATIONS, LLC 401(K) PLAN 401k Plan overview

Plan Name	SALT COMMUNICATIONS, LLC 401(K) PLAN
Plan identification number	002

SALT COMMUNICATIONS, LLC 401(K) PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
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.
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

SALT COMMUNICATIONS LLC has sponsored the creation of one or more 401k plans.

Company Name: SALT COMMUNICATIONS LLC

Employer identification number (EIN): 010727373

NAIC Classification: 541800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SALT COMMUNICATIONS, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2015-01-01 JIM CRYSTAL
002 2014-01-01 JIM CRYSTAL
002 2013-01-01 JOHANNA WESEMAN
002 2012-01-01 JAMES CRYSTAL JAMES CRYSTAL 2013-06-18
002 2011-01-01 JAMES CRYSTAL
002 2009-01-01 JAMES CRYSTAL JAMES CRYSTAL 2010-03-26

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
002	2015-01-01	JIM CRYSTAL
002	2014-01-01	JIM CRYSTAL
002	2013-01-01	JOHANNA WESEMAN
002	2012-01-01	JAMES CRYSTAL	JAMES CRYSTAL	2013-06-18
002	2011-01-01	JAMES CRYSTAL
002	2009-01-01	JAMES CRYSTAL	JAMES CRYSTAL	2010-03-26

Plan Statistics for SALT COMMUNICATIONS, LLC 401(K) PLAN

401k plan membership statisitcs for SALT COMMUNICATIONS, LLC 401(K) PLAN

Measure Date Value
2015: SALT COMMUNICATIONS, LLC 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 50
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 22
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 13
Total of all active and inactive participants 2015-01-01 35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 35
Number of participants with account balances 2015-01-01 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: SALT COMMUNICATIONS, LLC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 44
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 32
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 18
Total of all active and inactive participants 2014-01-01 50
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 50
Number of participants with account balances 2014-01-01 43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: SALT COMMUNICATIONS, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 44
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 29
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 15
Total of all active and inactive participants 2013-01-01 44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 44
Number of participants with account balances 2013-01-01 44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: SALT COMMUNICATIONS, LLC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 29
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 29
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 15
Total of all active and inactive participants 2012-01-01 44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 44
Number of participants with account balances 2012-01-01 44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: SALT COMMUNICATIONS, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 16
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 13
Total of all active and inactive participants 2011-01-01 29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 29
Number of participants with account balances 2011-01-01 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: SALT COMMUNICATIONS, LLC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 32
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 0
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 0
Total of all active and inactive participants 2009-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2015: SALT COMMUNICATIONS, LLC 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	50
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	22
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	13
Total of all active and inactive participants	2015-01-01	35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	35
Number of participants with account balances	2015-01-01	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: SALT COMMUNICATIONS, LLC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	44
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	32
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	18
Total of all active and inactive participants	2014-01-01	50
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	50
Number of participants with account balances	2014-01-01	43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: SALT COMMUNICATIONS, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	44
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	29
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	15
Total of all active and inactive participants	2013-01-01	44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	44
Number of participants with account balances	2013-01-01	44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: SALT COMMUNICATIONS, LLC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	29
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	29
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	15
Total of all active and inactive participants	2012-01-01	44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	44
Number of participants with account balances	2012-01-01	44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: SALT COMMUNICATIONS, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	16
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	13
Total of all active and inactive participants	2011-01-01	29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	29
Number of participants with account balances	2011-01-01	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: SALT COMMUNICATIONS, LLC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	32
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	0
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	0
Total of all active and inactive participants	2009-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on SALT COMMUNICATIONS, LLC 401(K) PLAN

Measure	Date	Value
2015 : SALT COMMUNICATIONS, LLC 401(K) PLAN 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$69,212
Expenses. Total of all expenses incurred	2015-12-31	$149,739
Benefits paid (including direct rollovers)	2015-12-31	$156,757
Total plan assets at end of year	2015-12-31	$1,464,515
Total plan assets at beginning of year	2015-12-31	$1,545,042
Value of fidelity bond covering the plan	2015-12-31	$150,000
Total contributions received or receivable from participants	2015-12-31	$89,319
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$-20,107
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$-80,527
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$1,464,515
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,545,042
Assets. Value of participant loans	2015-12-31	$10,849
Total contributions received or receivable from employer(s)	2015-12-31	$0
Value of certain deemed distributions of participant loans	2015-12-31	$-23,226
Value of corrective distributions	2015-12-31	$12,177
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$4,031
2014 : SALT COMMUNICATIONS, LLC 401(K) PLAN 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$182,996
Expenses. Total of all expenses incurred	2014-12-31	$164,661
Benefits paid (including direct rollovers)	2014-12-31	$137,466
Total plan assets at end of year	2014-12-31	$1,545,042
Total plan assets at beginning of year	2014-12-31	$1,526,707
Value of fidelity bond covering the plan	2014-12-31	$150,000
Total contributions received or receivable from participants	2014-12-31	$104,896
Expenses. Other expenses not covered elsewhere	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$69,240
Noncash contributions received	2014-12-31	$0
Net income (gross income less expenses)	2014-12-31	$18,335
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,545,042
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,526,707
Assets. Value of participant loans	2014-12-31	$8,116
Total contributions received or receivable from employer(s)	2014-12-31	$8,860
Value of certain deemed distributions of participant loans	2014-12-31	$23,226
Value of corrective distributions	2014-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$3,969
2013 : SALT COMMUNICATIONS, LLC 401(K) PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total plan liabilities at end of year	2013-12-31	$0
Total income from all sources	2013-12-31	$455,491
Expenses. Total of all expenses incurred	2013-12-31	$81,145
Benefits paid (including direct rollovers)	2013-12-31	$77,982
Total plan assets at end of year	2013-12-31	$1,526,707
Total plan assets at beginning of year	2013-12-31	$1,152,361
Value of fidelity bond covering the plan	2013-12-31	$150,000
Total contributions received or receivable from participants	2013-12-31	$69,820
Expenses. Other expenses not covered elsewhere	2013-12-31	$0
Contributions received from other sources (not participants or employers)	2013-12-31	$106,869
Other income received	2013-12-31	$216,764
Noncash contributions received	2013-12-31	$0
Net income (gross income less expenses)	2013-12-31	$374,346
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,526,707
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,152,361
Assets. Value of participant loans	2013-12-31	$67,496
Total contributions received or receivable from employer(s)	2013-12-31	$62,038
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$3,163
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : SALT COMMUNICATIONS, LLC 401(K) PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$232,242
Expenses. Total of all expenses incurred	2012-12-31	$492,850
Benefits paid (including direct rollovers)	2012-12-31	$490,628
Total plan assets at end of year	2012-12-31	$1,152,361
Total plan assets at beginning of year	2012-12-31	$1,412,969
Value of fidelity bond covering the plan	2012-12-31	$150,000
Total contributions received or receivable from participants	2012-12-31	$47,539
Contributions received from other sources (not participants or employers)	2012-12-31	$12,311
Other income received	2012-12-31	$119,145
Net income (gross income less expenses)	2012-12-31	$-260,608
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,152,361
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,412,969
Assets. Value of participant loans	2012-12-31	$28,393
Total contributions received or receivable from employer(s)	2012-12-31	$53,247
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$2,222
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : SALT COMMUNICATIONS, LLC 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$77,514
Expenses. Total of all expenses incurred	2011-12-31	$203,430
Benefits paid (including direct rollovers)	2011-12-31	$203,242
Total plan assets at end of year	2011-12-31	$1,412,969
Total plan assets at beginning of year	2011-12-31	$1,538,885
Total contributions received or receivable from participants	2011-12-31	$54,798
Other income received	2011-12-31	$-11,224
Net income (gross income less expenses)	2011-12-31	$-125,916
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,412,969
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,538,885
Assets. Value of participant loans	2011-12-31	$9,014
Total contributions received or receivable from employer(s)	2011-12-31	$33,940
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$188
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2009 : SALT COMMUNICATIONS, LLC 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-07-28	$0

Form 5500 Responses for SALT COMMUNICATIONS, LLC 401(K) PLAN

2015: SALT COMMUNICATIONS, LLC 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: SALT COMMUNICATIONS, LLC 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: SALT COMMUNICATIONS, LLC 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SALT COMMUNICATIONS, LLC 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SALT COMMUNICATIONS, LLC 401(K) PLAN 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 – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: SALT COMMUNICATIONS, LLC 401(K) PLAN 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	Yes
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	SALT COMMUNICATIONS LLC
Employer identification number (EIN):	010727373
NAIC Classification:	541800