ELECTRONIC CONCEPTS has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ELECTRONIC CONCEPTS RETIREMENT PLAN
Measure | Date | Value |
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2022: ELECTRONIC CONCEPTS RETIREMENT PLAN 2022 401k membership |
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Market value of plan assets | 2022-11-30 | 263,882 |
Acturial value of plan assets | 2022-11-30 | 263,882 |
Funding target for retired participants and beneficiaries receiving payment | 2022-11-30 | 0 |
Number of terminated vested participants | 2022-11-30 | 0 |
Fundng target for terminated vested participants | 2022-11-30 | 0 |
Active participant vested funding target | 2022-11-30 | 362,726 |
Number of active participants | 2022-11-30 | 7 |
Total funding liabilities for active participants | 2022-11-30 | 362,726 |
Total participant count | 2022-11-30 | 7 |
Total funding target for all participants | 2022-11-30 | 362,726 |
Balance at beginning of prior year after applicable adjustments | 2022-11-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-11-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-11-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-11-30 | 0 |
Amount remaining of carryover balance | 2022-11-30 | 0 |
Amount remaining of prefunding balance | 2022-11-30 | 0 |
Present value of excess contributions | 2022-11-30 | 12,160 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-11-30 | 12,160 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-11-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-11-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-11-30 | 0 |
Balance of carryovers at beginning of current year | 2022-11-30 | 0 |
Balance of prefunding at beginning of current year | 2022-11-30 | 0 |
Total employer contributions | 2022-11-30 | 85,000 |
Total employee contributions | 2022-11-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-11-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-11-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-11-30 | 85,293 |
Unpaid minimum required contributions for all prior years | 2022-11-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-11-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-11-30 | 0 |
Minimum required contributions for current year target normal cost | 2022-11-30 | 0 |
Net shortfall amortization installment of oustanding balance | 2022-11-30 | 98,844 |
Waiver amortization installment | 2022-11-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-11-30 | 9,216 |
Carryover balance elected to use to offset funding requirement | 2022-11-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-11-30 | 0 |
Additional cash requirement | 2022-11-30 | 9,216 |
Contributions allocatedtoward minimum required contributions for current year | 2022-11-30 | 85,293 |
Unpaid minimum required contributions for current year | 2022-11-30 | 0 |
Unpaid minimum required contributions for all years | 2022-11-30 | 0 |
2021: ELECTRONIC CONCEPTS RETIREMENT PLAN 2021 401k membership |
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Market value of plan assets | 2021-11-30 | 245,875 |
Acturial value of plan assets | 2021-11-30 | 245,875 |
Funding target for retired participants and beneficiaries receiving payment | 2021-11-30 | 0 |
Number of terminated vested participants | 2021-11-30 | 0 |
Fundng target for terminated vested participants | 2021-11-30 | 0 |
Active participant vested funding target | 2021-11-30 | 198,892 |
Number of active participants | 2021-11-30 | 8 |
Total funding liabilities for active participants | 2021-11-30 | 198,907 |
Total participant count | 2021-11-30 | 8 |
Total funding target for all participants | 2021-11-30 | 198,907 |
Balance at beginning of prior year after applicable adjustments | 2021-11-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-11-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-11-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-11-30 | 0 |
Amount remaining of carryover balance | 2021-11-30 | 0 |
Amount remaining of prefunding balance | 2021-11-30 | 0 |
Present value of excess contributions | 2021-11-30 | 1,010 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-11-30 | 1,010 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-11-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-11-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-11-30 | 0 |
Balance of carryovers at beginning of current year | 2021-11-30 | 0 |
Balance of prefunding at beginning of current year | 2021-11-30 | 0 |
Total employer contributions | 2021-11-30 | 65,000 |
Total employee contributions | 2021-11-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-11-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-11-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-11-30 | 65,032 |
Unpaid minimum required contributions for all prior years | 2021-11-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-11-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-11-30 | 0 |
Minimum required contributions for current year target normal cost | 2021-11-30 | 99,840 |
Net shortfall amortization installment of oustanding balance | 2021-11-30 | 0 |
Waiver amortization installment | 2021-11-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-11-30 | 52,872 |
Carryover balance elected to use to offset funding requirement | 2021-11-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-11-30 | 0 |
Additional cash requirement | 2021-11-30 | 52,872 |
Contributions allocatedtoward minimum required contributions for current year | 2021-11-30 | 65,032 |
Unpaid minimum required contributions for current year | 2021-11-30 | 0 |
Unpaid minimum required contributions for all years | 2021-11-30 | 0 |
2020: ELECTRONIC CONCEPTS RETIREMENT PLAN 2020 401k membership |
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Market value of plan assets | 2020-11-30 | 126,391 |
Acturial value of plan assets | 2020-11-30 | 126,391 |
Funding target for retired participants and beneficiaries receiving payment | 2020-11-30 | 0 |
Number of terminated vested participants | 2020-11-30 | 0 |
Fundng target for terminated vested participants | 2020-11-30 | 0 |
Active participant vested funding target | 2020-11-30 | 121,039 |
Number of active participants | 2020-11-30 | 5 |
Total funding liabilities for active participants | 2020-11-30 | 121,039 |
Total participant count | 2020-11-30 | 5 |
Total funding target for all participants | 2020-11-30 | 121,039 |
Balance at beginning of prior year after applicable adjustments | 2020-11-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-11-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-11-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-11-30 | 0 |
Amount remaining of carryover balance | 2020-11-30 | 0 |
Amount remaining of prefunding balance | 2020-11-30 | 0 |
Present value of excess contributions | 2020-11-30 | 377 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-11-30 | 377 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-11-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-11-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-11-30 | 0 |
Balance of carryovers at beginning of current year | 2020-11-30 | 0 |
Balance of prefunding at beginning of current year | 2020-11-30 | 0 |
Total employer contributions | 2020-11-30 | 83,000 |
Total employee contributions | 2020-11-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-11-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-11-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-11-30 | 79,032 |
Liquidity shortfalls end of Q1 | 2020-11-30 | 0 |
Liquidity shortfalls end of Q2 | 2020-11-30 | 0 |
Liquidity shortfalls end of Q3 | 2020-11-30 | 0 |
Liquidity shortfalls end of Q4 | 2020-11-30 | 0 |
Unpaid minimum required contributions for all prior years | 2020-11-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-11-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-11-30 | 0 |
Minimum required contributions for current year target normal cost | 2020-11-30 | 83,374 |
Net shortfall amortization installment of oustanding balance | 2020-11-30 | 0 |
Waiver amortization installment | 2020-11-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-11-30 | 78,022 |
Additional cash requirement | 2020-11-30 | 78,022 |
Contributions allocatedtoward minimum required contributions for current year | 2020-11-30 | 79,032 |
Unpaid minimum required contributions for current year | 2020-11-30 | 0 |
Unpaid minimum required contributions for all years | 2020-11-30 | 0 |
2018: ELECTRONIC CONCEPTS RETIREMENT PLAN 2018 401k membership |
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Market value of plan assets | 2018-11-30 | 0 |
Acturial value of plan assets | 2018-11-30 | 0 |
Funding target for retired participants and beneficiaries receiving payment | 2018-11-30 | 0 |
Number of terminated vested participants | 2018-11-30 | 0 |
Fundng target for terminated vested participants | 2018-11-30 | 0 |
Active participant vested funding target | 2018-11-30 | 0 |
Number of active participants | 2018-11-30 | 6 |
Total funding liabilities for active participants | 2018-11-30 | 68,047 |
Total participant count | 2018-11-30 | 6 |
Total funding target for all participants | 2018-11-30 | 68,047 |
Balance at beginning of prior year after applicable adjustments | 2018-11-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-11-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-11-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-11-30 | 0 |
Amount remaining of carryover balance | 2018-11-30 | 0 |
Amount remaining of prefunding balance | 2018-11-30 | 0 |
Present value of excess contributions | 2018-11-30 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-11-30 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-11-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-11-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-11-30 | 0 |
Balance of carryovers at beginning of current year | 2018-11-30 | 0 |
Balance of prefunding at beginning of current year | 2018-11-30 | 0 |
Total employer contributions | 2018-11-30 | 60,000 |
Total employee contributions | 2018-11-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-11-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-11-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-11-30 | 62,849 |
Unpaid minimum required contributions for all prior years | 2018-11-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-11-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-11-30 | 0 |
Minimum required contributions for current year target normal cost | 2018-11-30 | 6,772 |
Net shortfall amortization installment of oustanding balance | 2018-11-30 | 68,047 |
Waiver amortization installment | 2018-11-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-11-30 | 17,946 |
Carryover balance elected to use to offset funding requirement | 2018-11-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2018-11-30 | 0 |
Additional cash requirement | 2018-11-30 | 17,946 |
Contributions allocatedtoward minimum required contributions for current year | 2018-11-30 | 62,849 |
Unpaid minimum required contributions for current year | 2018-11-30 | 0 |
Unpaid minimum required contributions for all years | 2018-11-30 | 0 |