401k Plan data: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN plan

NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 401k Plan overview

Plan Name	NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN
Plan identification number	001

NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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

NETWORK AND SECURITY TECHNOLOGIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: NETWORK AND SECURITY TECHNOLOGIES, INC.

Employer identification number (EIN): 161659386

NAIC Classification: 541519
NAIC Description: Other Computer Related Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 ADAM LIPSON 2019-06-06 ADAM LIPSON 2019-06-06
001 2017-01-01 ADAM LIPSON 2018-07-11 ADAM LIPSON 2018-07-11
001 2016-01-01 ADAM LIPSON 2017-04-28 ADAM LIPSON 2017-04-28
001 2015-01-01 ADAM LIPSON 2016-04-22 ADAM LIPSON 2016-04-22
001 2014-01-01 ADAM LIPSON 2015-07-07 ADAM LIPSON 2015-07-07
001 2013-01-01 ADAM LIPSON 2014-04-07 ADAM LIPSON 2014-04-07
001 2012-01-01 ADAM LIPSON 2013-09-13 ADAM LIPSON 2013-09-13
001 2011-01-01 ADAM LIPSON 2015-07-07 ADAM LIPSON 2015-07-07
001 2010-01-01 ADAM LIPSON 2011-09-22

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01	ADAM LIPSON	2019-06-06	ADAM LIPSON	2019-06-06
001	2017-01-01	ADAM LIPSON	2018-07-11	ADAM LIPSON	2018-07-11
001	2016-01-01	ADAM LIPSON	2017-04-28	ADAM LIPSON	2017-04-28
001	2015-01-01	ADAM LIPSON	2016-04-22	ADAM LIPSON	2016-04-22
001	2014-01-01	ADAM LIPSON	2015-07-07	ADAM LIPSON	2015-07-07
001	2013-01-01	ADAM LIPSON	2014-04-07	ADAM LIPSON	2014-04-07
001	2012-01-01	ADAM LIPSON	2013-09-13	ADAM LIPSON	2013-09-13
001	2011-01-01	ADAM LIPSON	2015-07-07	ADAM LIPSON	2015-07-07
001	2010-01-01	ADAM LIPSON	2011-09-22

Plan Statistics for NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN

401k plan membership statisitcs for NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN

Measure Date Value
2022: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 32
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 3
Total of all active and inactive participants 2022-01-01 35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 35
Number of participants with account balances 2022-01-01 32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 1
2021: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 33
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 30
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 4
Total of all active and inactive participants 2021-01-01 34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 34
Number of participants with account balances 2021-01-01 34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 37
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 28
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 5
Total of all active and inactive participants 2020-01-01 33
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 33
Number of participants with account balances 2020-01-01 33
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 36
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 31
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 6
Total of all active and inactive participants 2019-01-01 37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 37
Number of participants with account balances 2019-01-01 37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0

Measure	Date	Value
2022: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	32
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	3
Total of all active and inactive participants	2022-01-01	35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	35
Number of participants with account balances	2022-01-01	32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	1
2021: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	33
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	30
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	4
Total of all active and inactive participants	2021-01-01	34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	34
Number of participants with account balances	2021-01-01	34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	37
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	28
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	5
Total of all active and inactive participants	2020-01-01	33
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	33
Number of participants with account balances	2020-01-01	33
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	36
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	31
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	6
Total of all active and inactive participants	2019-01-01	37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	37
Number of participants with account balances	2019-01-01	37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0

Financial Data on NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN

Measure	Date	Value
2022 : NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-1,027,275
Expenses. Total of all expenses incurred	2022-12-31	$131,742
Benefits paid (including direct rollovers)	2022-12-31	$80,314
Total plan assets at end of year	2022-12-31	$7,376,795
Total plan assets at beginning of year	2022-12-31	$8,535,812
Value of fidelity bond covering the plan	2022-12-31	$300,000
Assets. Value of tangible personal property	2022-12-31	$0
Total contributions received or receivable from participants	2022-12-31	$363,253
Assets. Value of loans (other than to participants)	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-1,560,045
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-1,159,017
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$7,376,795
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$8,535,812
Assets. Value of participant loans	2022-12-31	$56,287
Assets. Value of assets in partnership/joint-venture interests	2022-12-31	$0
Assets. Value of real-estate (other than employer real property)	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$0
Assets. Value of employer real property	2022-12-31	$0
Total contributions received or receivable from employer(s)	2022-12-31	$169,517
Value of certain deemed distributions of participant loans	2022-12-31	$19,479
Value of corrective distributions	2022-12-31	$838
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$31,111
2021 : NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$1,815,651
Expenses. Total of all expenses incurred	2021-12-31	$53,629
Benefits paid (including direct rollovers)	2021-12-31	$24,310
Total plan assets at end of year	2021-12-31	$8,535,812
Total plan assets at beginning of year	2021-12-31	$6,773,790
Value of fidelity bond covering the plan	2021-12-31	$300,000
Assets. Value of tangible personal property	2021-12-31	$0
Total contributions received or receivable from participants	2021-12-31	$358,027
Assets. Value of loans (other than to participants)	2021-12-31	$0
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$158,781
Other income received	2021-12-31	$1,101,827
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$1,762,022
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$8,535,812
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$6,773,790
Assets. Value of participant loans	2021-12-31	$12,625
Assets. Value of assets in partnership/joint-venture interests	2021-12-31	$0
Assets. Value of real-estate (other than employer real property)	2021-12-31	$0
Assets. Value of employer securities	2021-12-31	$0
Assets. Value of employer real property	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$197,016
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$29,319
2020 : NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$1,566,128
Expenses. Total of all expenses incurred	2020-12-31	$685,187
Benefits paid (including direct rollovers)	2020-12-31	$657,714
Total plan assets at end of year	2020-12-31	$6,773,790
Total plan assets at beginning of year	2020-12-31	$5,892,849
Value of fidelity bond covering the plan	2020-12-31	$300,000
Total contributions received or receivable from participants	2020-12-31	$361,854
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$987,318
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$880,941
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$6,773,790
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$5,892,849
Assets. Value of participant loans	2020-12-31	$11,865
Total contributions received or receivable from employer(s)	2020-12-31	$216,956
Value of certain deemed distributions of participant loans	2020-12-31	$4,318
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$23,155
2019 : NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$1,624,990
Expenses. Total of all expenses incurred	2019-12-31	$67,525
Benefits paid (including direct rollovers)	2019-12-31	$50,922
Total plan assets at end of year	2019-12-31	$5,892,849
Total plan assets at beginning of year	2019-12-31	$4,335,384
Value of fidelity bond covering the plan	2019-12-31	$300,000
Total contributions received or receivable from participants	2019-12-31	$364,755
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$1,092,572
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$1,557,465
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$5,892,849
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$4,335,384
Assets. Value of participant loans	2019-12-31	$22,150
Total contributions received or receivable from employer(s)	2019-12-31	$167,663
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$16,603

Form 5500 Responses for NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN

2022: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	This submission is the final filing	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: NETWORK & SECURITY TECHNOLOGIES RETIREMENT PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	NETWORK AND SECURITY TECHNOLOGIES, INC.
Employer identification number (EIN):	161659386
NAIC Classification:	541519
NAIC Description:	Other Computer Related Services