INNOVEST SYSTEMS, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan INNOVEST SYSTEMS, LLC PROFIT SHARING PLAN & TRUST
401k plan membership statisitcs for INNOVEST SYSTEMS, LLC PROFIT SHARING PLAN & TRUST
| Measure | Date | Value |
|---|
| 2020 : INNOVEST SYSTEMS, LLC PROFIT SHARING PLAN & TRUST 2020 401k financial data |
|---|
| Total income from all sources (including contributions) | 2020-11-11 | $-324,855 |
| Total of all expenses incurred | 2020-11-11 | $14,077,473 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-11-11 | $13,964,363 |
| Expenses. Certain deemed distributions of participant loans | 2020-11-11 | $27,805 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-11-11 | $559,361 |
| Value of total assets at end of year | 2020-11-11 | $0 |
| Value of total assets at beginning of year | 2020-11-11 | $14,402,328 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-11-11 | $85,305 |
| Total interest from all sources | 2020-11-11 | $1,163 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-11-11 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-11-11 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2020-11-11 | $0 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-11-11 | $0 |
| Administrative expenses professional fees incurred | 2020-11-11 | $17,500 |
| Was this plan covered by a fidelity bond | 2020-11-11 | Yes |
| Value of fidelity bond cover | 2020-11-11 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-11-11 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-11-11 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-11-11 | No |
| Contributions received from participants | 2020-11-11 | $468,727 |
| Participant contributions at end of year | 2020-11-11 | $0 |
| Participant contributions at beginning of year | 2020-11-11 | $64,303 |
| Participant contributions at end of year | 2020-11-11 | $0 |
| Participant contributions at beginning of year | 2020-11-11 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-11-11 | $0 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-11-11 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-11-11 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-11-11 | $0 |
| Other income not declared elsewhere | 2020-11-11 | $23,026 |
| Administrative expenses (other) incurred | 2020-11-11 | $58,272 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-11-11 | No |
| Value of net income/loss | 2020-11-11 | $-14,402,328 |
| Value of net assets at end of year (total assets less liabilities) | 2020-11-11 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-11-11 | $14,402,328 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-11-11 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-11-11 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-11-11 | No |
| Value of interest in pooled separate accounts at end of year | 2020-11-11 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2020-11-11 | $13,244,529 |
| Interest on participant loans | 2020-11-11 | $1,163 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-11-11 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-11-11 | $42,507 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-11-11 | $42,507 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-11-11 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-11-11 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-11-11 | $1,050,989 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-11-11 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-11-11 | $-908,405 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-11-11 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-11-11 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-11-11 | No |
| Contributions received in cash from employer | 2020-11-11 | $90,634 |
| Employer contributions (assets) at end of year | 2020-11-11 | $0 |
| Employer contributions (assets) at beginning of year | 2020-11-11 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-11-11 | $13,964,363 |
| Contract administrator fees | 2020-11-11 | $9,533 |
| Did the plan have assets held for investment | 2020-11-11 | 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 | 2020-11-11 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-11-11 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2020-11-11 | Disclaimer |
| Accountancy firm name | 2020-11-11 | MAZARS USA LLP |
| Accountancy firm EIN | 2020-11-11 | 131459550 |
| 2019 : INNOVEST SYSTEMS, LLC PROFIT SHARING PLAN & TRUST 2019 401k financial data |
|---|
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $228 |
| Total income from all sources (including contributions) | 2019-12-31 | $3,823,002 |
| Total of all expenses incurred | 2019-12-31 | $1,220,063 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,220,063 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,399,694 |
| Value of total assets at end of year | 2019-12-31 | $14,402,328 |
| Value of total assets at beginning of year | 2019-12-31 | $11,799,617 |
| Total interest from all sources | 2019-12-31 | $70,132 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $1,163,010 |
| Participant contributions at end of year | 2019-12-31 | $64,303 |
| Participant contributions at beginning of year | 2019-12-31 | $144,287 |
| Participant contributions at end of year | 2019-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $228 |
| Other income not declared elsewhere | 2019-12-31 | $59,157 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $2,602,939 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $14,402,328 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $11,799,389 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $13,244,529 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $10,692,681 |
| Interest on participant loans | 2019-12-31 | $5,307 |
| Interest earned on other investments | 2019-12-31 | $64,825 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $42,507 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $1,050,989 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $962,649 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $30,028 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $2,294,019 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $236,684 |
| Employer contributions (assets) at end of year | 2019-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,190,035 |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | MAZARS USA LLP |
| Accountancy firm EIN | 2019-12-31 | 131459550 |
