401k Plan data: ALIGN NETWORKS, INC. 401(K) PLAN plan

ALIGN NETWORKS, INC. 401(K) PLAN 401k Plan overview

Plan Name	ALIGN NETWORKS, INC. 401(K) PLAN
Plan identification number	001

ALIGN NETWORKS, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ALIGNNETWORKS, INC. has sponsored the creation of one or more 401k plans.

Company Name: ALIGNNETWORKS, INC.

Employer identification number (EIN): 043821114

NAIC Classification: 621340
NAIC Description: Offices of Physical, Occupational and Speech Therapists, and Audiologists

Additional information about ALIGNNETWORKS, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 2005-07-25

Company Identification Number: P05000103590

Legal Registered Office Address: 801 US HIGHWAY 1

NORTH PALM BEACH

33408

More information about ALIGNNETWORKS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ALIGN NETWORKS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2014-01-01
001 2013-01-01
001 2012-01-01 DAVID OLSON

Plan Statistics for ALIGN NETWORKS, INC. 401(K) PLAN

401k plan membership statisitcs for ALIGN NETWORKS, INC. 401(K) PLAN

Measure Date Value
2014: ALIGN NETWORKS, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 669
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 0
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 0
Total of all active and inactive participants 2014-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 0
Number of participants with account balances 2014-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 43
2013: ALIGN NETWORKS, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 570
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 527
Number of other retired or separated participants entitled to future benefits 2013-01-01 73
Total of all active and inactive participants 2013-01-01 600
Total participants 2013-01-01 600
Number of participants with account balances 2013-01-01 375
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 50
2012: ALIGN NETWORKS, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 358
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 282
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 7
Total of all active and inactive participants 2012-01-01 289
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 289
Number of participants with account balances 2012-01-01 93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0

Measure	Date	Value
2014: ALIGN NETWORKS, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	669
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	0
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	0
Total of all active and inactive participants	2014-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	0
Number of participants with account balances	2014-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	43
2013: ALIGN NETWORKS, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	570
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	527
Number of other retired or separated participants entitled to future benefits	2013-01-01	73
Total of all active and inactive participants	2013-01-01	600
Total participants	2013-01-01	600
Number of participants with account balances	2013-01-01	375
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	50
2012: ALIGN NETWORKS, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	358
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	282
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	7
Total of all active and inactive participants	2012-01-01	289
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	289
Number of participants with account balances	2012-01-01	93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0

Financial Data on ALIGN NETWORKS, INC. 401(K) PLAN

Measure	Date	Value
2014 : ALIGN NETWORKS, INC. 401(K) PLAN 2014 401k financial data
Total transfer of assets to this plan	2014-09-30	$175,796
Total transfer of assets from this plan	2014-09-30	$5,975,387
Total income from all sources (including contributions)	2014-09-30	$1,930,536
Total of all expenses incurred	2014-09-30	$768,193
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-09-30	$722,574
Expenses. Certain deemed distributions of participant loans	2014-09-30	$765
Value of total corrective distributions	2014-09-30	$44,479
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-09-30	$1,787,386
Value of total assets at end of year	2014-09-30	$0
Value of total assets at beginning of year	2014-09-30	$4,637,248
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-09-30	$375
Total interest from all sources	2014-09-30	$1,224
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-09-30	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2014-09-30	$0
Was this plan covered by a fidelity bond	2014-09-30	Yes
Value of fidelity bond cover	2014-09-30	$1,000,000
If this is an individual account plan, was there a blackout period	2014-09-30	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-09-30	$0
Were there any nonexempt tranactions with any party-in-interest	2014-09-30	No
Contributions received from participants	2014-09-30	$769,124
Participant contributions at end of year	2014-09-30	$0
Participant contributions at beginning of year	2014-09-30	$20,484
Participant contributions at beginning of year	2014-09-30	$0
Income. Received or receivable in cash from other sources (including rollovers)	2014-09-30	$528,170
Other income not declared elsewhere	2014-09-30	$2,195
Administrative expenses (other) incurred	2014-09-30	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-09-30	No
Value of net income/loss	2014-09-30	$1,162,343
Value of net assets at end of year (total assets less liabilities)	2014-09-30	$0
Value of net assets at beginning of year (total assets less liabilities)	2014-09-30	$4,637,248
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-09-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-09-30	No
Were any leases to which the plan was party in default or uncollectible	2014-09-30	No
Value of interest in pooled separate accounts at end of year	2014-09-30	$0
Value of interest in pooled separate accounts at beginning of year	2014-09-30	$4,456,092
Interest on participant loans	2014-09-30	$1,224
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-09-30	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-09-30	$160,672
Net investment gain/loss from pooled separate accounts	2014-09-30	$139,731
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-09-30	No
Was there a failure to transmit to the plan any participant contributions	2014-09-30	No
Has the plan failed to provide any benefit when due under the plan	2014-09-30	No
Contributions received in cash from employer	2014-09-30	$490,092
Employer contributions (assets) at end of year	2014-09-30	$0
Employer contributions (assets) at beginning of year	2014-09-30	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-09-30	$722,574
Contract administrator fees	2014-09-30	$375
Did the plan have assets held for investment	2014-09-30	No
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	2014-09-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-09-30	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-09-30	Yes
Opinion of an independent qualified public accountant for this plan	2014-09-30	Disclaimer
Accountancy firm name	2014-09-30	LBA CERTIFIED PUBLIC ACCOUNT, P.A.
Accountancy firm EIN	2014-09-30	591302284
2013 : ALIGN NETWORKS, INC. 401(K) PLAN 2013 401k financial data
Total transfer of assets to this plan	2013-12-31	$542,588
Total income from all sources (including contributions)	2013-12-31	$2,161,547
Total of all expenses incurred	2013-12-31	$258,317
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$257,198
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,512,416
Value of total assets at end of year	2013-12-31	$4,637,248
Value of total assets at beginning of year	2013-12-31	$2,191,430
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$1,119
Total interest from all sources	2013-12-31	$828
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$893,880
Participant contributions at end of year	2013-12-31	$20,484
Participant contributions at beginning of year	2013-12-31	$4,486
Participant contributions at end of year	2013-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$40,657
Administrative expenses (other) incurred	2013-12-31	$1,119
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$1,903,230
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$4,637,248
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$2,191,430
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in pooled separate accounts at end of year	2013-12-31	$4,456,092
Value of interest in pooled separate accounts at beginning of year	2013-12-31	$2,116,271
Interest on participant loans	2013-12-31	$828
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$160,672
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$69,444
Net investment gain/loss from pooled separate accounts	2013-12-31	$648,303
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$577,879
Employer contributions (assets) at end of year	2013-12-31	$0
Employer contributions (assets) at beginning of year	2013-12-31	$1,229
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$257,198
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	LBA CERTIFIED PUBLIC ACCOUNTS, P.A.
Accountancy firm EIN	2013-12-31	591302284
Total transfer of assets from this plan	2013-05-30	$542,588
Total income from all sources (including contributions)	2013-05-30	$34,720
Total of all expenses incurred	2013-05-30	$1,231
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-05-30	$1,081
Value of total assets at end of year	2013-05-30	$0
Value of total assets at beginning of year	2013-05-30	$509,099
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-05-30	$150
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-05-30	No
Was this plan covered by a fidelity bond	2013-05-30	Yes
Value of fidelity bond cover	2013-05-30	$1,000,000
If this is an individual account plan, was there a blackout period	2013-05-30	Yes
Were there any nonexempt tranactions with any party-in-interest	2013-05-30	No
Administrative expenses (other) incurred	2013-05-30	$150
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-05-30	No
Value of net income/loss	2013-05-30	$33,489
Value of net assets at end of year (total assets less liabilities)	2013-05-30	$0
Value of net assets at beginning of year (total assets less liabilities)	2013-05-30	$509,099
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-05-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-05-30	No
Were any leases to which the plan was party in default or uncollectible	2013-05-30	No
Value of interest in pooled separate accounts at end of year	2013-05-30	$0
Value of interest in pooled separate accounts at beginning of year	2013-05-30	$509,099
Net investment gain/loss from pooled separate accounts	2013-05-30	$34,720
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-05-30	No
Was there a failure to transmit to the plan any participant contributions	2013-05-30	No
Has the plan failed to provide any benefit when due under the plan	2013-05-30	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-05-30	$1,081
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	2013-05-30	Yes
Did the plan have assets held for investment	2013-05-30	No
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	2013-05-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-05-30	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-05-30	Yes
Opinion of an independent qualified public accountant for this plan	2013-05-30	Disclaimer
Accountancy firm name	2013-05-30	LBA CPA, PA
Accountancy firm EIN	2013-05-30	591302284
2012 : ALIGN NETWORKS, INC. 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$519,354
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$10,255
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$6,970
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$494,959
Value of total assets at end of year	2012-12-31	$509,099
Value of total assets at beginning of year	2012-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$3,285
Total interest from all sources	2012-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$287,286
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$207,673
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$509,099
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$509,099
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Investment advisory and management fees	2012-12-31	$3,285
Value of interest in pooled separate accounts at end of year	2012-12-31	$509,099
Value of interest in pooled separate accounts at beginning of year	2012-12-31	$0
Net investment gain/loss from pooled separate accounts	2012-12-31	$24,395
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$6,970
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	LBA CERTIFIED PUBLIC ACCOUNTANTS PA
Accountancy firm EIN	2012-12-31	591302284

Form 5500 Responses for ALIGN NETWORKS, INC. 401(K) PLAN

2014: ALIGN NETWORKS, INC. 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	Yes
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: ALIGN NETWORKS, INC. 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 – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: ALIGN NETWORKS, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	First time form 5500 has been submitted	Yes
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 is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	ALIGNNETWORKS, INC.
Employer identification number (EIN):	043821114
NAIC Classification:	621340
NAIC Description:	Offices of Physical, Occupational and Speech Therapists, and Audiologists

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	2005-07-25
Company Identification Number:	P05000103590
Legal Registered Office Address:	801 US HIGHWAY 1 NORTH PALM BEACH 33408