401k Plan data: IDT 401(K) PLAN plan

IDT 401(K) PLAN 401k Plan overview

Plan Name	IDT 401(K) PLAN
Plan identification number	001

IDT 401(K) 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

INNOVATIVE DEFENSE TECHNOLOGIES, LLC has sponsored the creation of one or more 401k plans.

Company Name: INNOVATIVE DEFENSE TECHNOLOGIES, LLC

Employer identification number (EIN): 203575585

NAIC Classification: 541700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan IDT 401(K) 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
001 2017-01-01 SUZANNE M CARROLL
001 2016-01-01 BERNARD GAUF BERNARD GAUF 2017-10-16
001 2015-01-01 BERNARD GAUF 2016-07-29 BERNARD GAUF 2016-07-29
001 2014-01-01 BERNIE GAUF 2015-07-23 BERNIE GAUF 2015-07-23
001 2013-01-01 SUZANNE CARROLL 2014-09-23 SUZANNE CARROLL 2014-09-23
001 2012-01-01 SUZANNE CARROLL 2013-10-07 SUZANNE CARROLL 2013-10-07
001 2011-01-01 DEE CARLSON 2012-10-12
001 2010-01-01 DEE CARLSON 2011-10-07

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
001	2017-01-01	SUZANNE M CARROLL
001	2016-01-01	BERNARD GAUF		BERNARD GAUF	2017-10-16
001	2015-01-01	BERNARD GAUF	2016-07-29	BERNARD GAUF	2016-07-29
001	2014-01-01	BERNIE GAUF	2015-07-23	BERNIE GAUF	2015-07-23
001	2013-01-01	SUZANNE CARROLL	2014-09-23	SUZANNE CARROLL	2014-09-23
001	2012-01-01	SUZANNE CARROLL	2013-10-07	SUZANNE CARROLL	2013-10-07
001	2011-01-01	DEE CARLSON	2012-10-12
001	2010-01-01	DEE CARLSON	2011-10-07

Plan Statistics for IDT 401(K) PLAN

401k plan membership statisitcs for IDT 401(K) PLAN

Measure Date Value
2022: IDT 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 311
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 278
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 102
Total of all active and inactive participants 2022-01-01 380
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 380
Number of participants with account balances 2022-01-01 377
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 13
2021: IDT 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 252
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 244
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 62
Total of all active and inactive participants 2021-01-01 306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 306
Number of participants with account balances 2021-01-01 303
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 6
2020: IDT 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 216
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 207
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 46
Total of all active and inactive participants 2020-01-01 253
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 253
Number of participants with account balances 2020-01-01 244
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 3
2019: IDT 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 208
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 167
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 47
Total of all active and inactive participants 2019-01-01 214
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 214
Number of participants with account balances 2019-01-01 213
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 10
2018: IDT 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 187
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 170
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 37
Total of all active and inactive participants 2018-01-01 207
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 207
Number of participants with account balances 2018-01-01 204
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 4
2017: IDT 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 157
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 151
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 26
Total of all active and inactive participants 2017-01-01 177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 177
Number of participants with account balances 2017-01-01 176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 5
2016: IDT 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 133
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 133
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 20
Total of all active and inactive participants 2016-01-01 153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 153
Number of participants with account balances 2016-01-01 153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 6

Measure	Date	Value
2022: IDT 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	311
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	278
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	102
Total of all active and inactive participants	2022-01-01	380
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	380
Number of participants with account balances	2022-01-01	377
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	13
2021: IDT 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	252
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	244
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	62
Total of all active and inactive participants	2021-01-01	306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	306
Number of participants with account balances	2021-01-01	303
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	6
2020: IDT 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	216
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	207
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	46
Total of all active and inactive participants	2020-01-01	253
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	253
Number of participants with account balances	2020-01-01	244
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	3
2019: IDT 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	208
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	167
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	47
Total of all active and inactive participants	2019-01-01	214
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	214
Number of participants with account balances	2019-01-01	213
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	10
2018: IDT 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	187
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	170
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	37
Total of all active and inactive participants	2018-01-01	207
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	207
Number of participants with account balances	2018-01-01	204
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	4
2017: IDT 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	157
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	151
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	26
Total of all active and inactive participants	2017-01-01	177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	177
Number of participants with account balances	2017-01-01	176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	5
2016: IDT 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	133
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	133
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	20
Total of all active and inactive participants	2016-01-01	153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	153
Number of participants with account balances	2016-01-01	153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	6

Financial Data on IDT 401(K) PLAN

Measure	Date	Value
2022 : IDT 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total transfer of assets to this plan	2022-12-31	$0
Total transfer of assets from this plan	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-851,123
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$1,556,734
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$1,401,685
Expenses. Certain deemed distributions of participant loans	2022-12-31	$1,239
Value of total corrective distributions	2022-12-31	$555
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$7,004,972
Value of total assets at end of year	2022-12-31	$40,512,121
Value of total assets at beginning of year	2022-12-31	$42,919,978
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$153,255
Total interest from all sources	2022-12-31	$8,379
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$1,095,787
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$1,095,787
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$3,390,220
Participant contributions at end of year	2022-12-31	$132,806
Participant contributions at beginning of year	2022-12-31	$210,785
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$1,311,062
Administrative expenses (other) incurred	2022-12-31	$153,255
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-2,407,857
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$40,512,121
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$42,919,978
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$40,379,315
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$42,709,193
Interest on participant loans	2022-12-31	$8,379
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-8,960,261
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$2,303,690
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$1,401,685
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	FORVIS, LLP
Accountancy firm EIN	2022-12-31	440160260
2021 : IDT 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total transfer of assets to this plan	2021-12-31	$0
Total transfer of assets from this plan	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$11,285,850
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,593,321
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,443,109
Expenses. Certain deemed distributions of participant loans	2021-12-31	$7,326
Value of total corrective distributions	2021-12-31	$2,128
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$5,190,475
Value of total assets at end of year	2021-12-31	$42,919,978
Value of total assets at beginning of year	2021-12-31	$33,227,449
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$140,758
Total interest from all sources	2021-12-31	$10,497
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,320,544
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$1,320,544
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$2,818,093
Participant contributions at end of year	2021-12-31	$210,785
Participant contributions at beginning of year	2021-12-31	$202,110
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$216,099
Administrative expenses (other) incurred	2021-12-31	$140,758
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$9,692,529
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$42,919,978
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$33,227,449
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$42,709,193
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$33,025,339
Interest on participant loans	2021-12-31	$10,497
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$4,764,334
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$2,156,283
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,443,109
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	FORVIS, LLP
Accountancy firm EIN	2021-12-31	440160260
2020 : IDT 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$0
Total transfer of assets from this plan	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$8,447,081
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,534,077
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,486,166
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$3,566,963
Value of total assets at end of year	2020-12-31	$33,227,449
Value of total assets at beginning of year	2020-12-31	$26,314,445
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$47,911
Total interest from all sources	2020-12-31	$10,821
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$653,106
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$653,106
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$2,121,970
Participant contributions at end of year	2020-12-31	$202,110
Participant contributions at beginning of year	2020-12-31	$201,439
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$275,788
Other income not declared elsewhere	2020-12-31	$15,970
Administrative expenses (other) incurred	2020-12-31	$47,911
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$6,913,004
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$33,227,449
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$26,314,445
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$33,025,339
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$26,113,006
Interest on participant loans	2020-12-31	$10,821
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$4,200,221
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$1,169,205
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,486,166
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	DIXON HUGHES GOODMAN
Accountancy firm EIN	2020-12-31	560747981
2019 : IDT 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$0
Total transfer of assets from this plan	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$7,558,721
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$1,048,999
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,045,835
Value of total corrective distributions	2019-12-31	$646
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$2,947,291
Value of total assets at end of year	2019-12-31	$26,314,445
Value of total assets at beginning of year	2019-12-31	$19,804,723
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$2,518
Total interest from all sources	2019-12-31	$7,733
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$2,181,364
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	$2,181,364
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	$1,883,815
Participant contributions at end of year	2019-12-31	$201,439
Participant contributions at beginning of year	2019-12-31	$134,777
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$14,471
Other income not declared elsewhere	2019-12-31	$28,465
Administrative expenses (other) incurred	2019-12-31	$2,518
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	$6,509,722
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$26,314,445
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$19,804,723
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 registered invesment companies (eg mutual funds) at end of year	2019-12-31	$26,113,006
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$19,669,946
Interest on participant loans	2019-12-31	$7,733
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,393,868
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	$1,049,005
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,045,835
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	DIXON HUGHES GOODMAN
Accountancy firm EIN	2019-12-31	560747981
2018 : IDT 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total transfer of assets to this plan	2018-12-31	$0
Total transfer of assets from this plan	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$1,640,980
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$702,425
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$699,676
Value of total corrective distributions	2018-12-31	$1,015
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$3,320,751
Value of total assets at end of year	2018-12-31	$19,804,723
Value of total assets at beginning of year	2018-12-31	$18,866,168
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$1,734
Total interest from all sources	2018-12-31	$8,472
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$1,036,670
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$1,036,670
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$1,787,605
Participant contributions at end of year	2018-12-31	$134,777
Participant contributions at beginning of year	2018-12-31	$260,320
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$26,512
Other income not declared elsewhere	2018-12-31	$25,237
Administrative expenses (other) incurred	2018-12-31	$1,734
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$938,555
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$19,804,723
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$18,866,168
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$19,669,946
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$18,605,848
Interest on participant loans	2018-12-31	$8,472
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-2,750,150
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$1,506,634
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$699,676
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	DIXON HUGHES GOODMAN
Accountancy firm EIN	2018-12-31	560747981
2017 : IDT 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total transfer of assets from this plan	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$5,323,142
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$616,025
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$588,100
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$2,967,861
Value of total assets at end of year	2017-12-31	$18,866,168
Value of total assets at beginning of year	2017-12-31	$14,159,051
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$27,925
Total interest from all sources	2017-12-31	$5,837
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$687,877
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$687,877
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$1,492,344
Participant contributions at end of year	2017-12-31	$260,320
Participant contributions at beginning of year	2017-12-31	$130,310
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$200,665
Other income not declared elsewhere	2017-12-31	$7,971
Administrative expenses (other) incurred	2017-12-31	$27,925
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$4,707,117
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$18,866,168
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$14,159,051
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$18,605,848
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$13,802,485
Interest on participant loans	2017-12-31	$5,837
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$226,256
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$226,256
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,653,596
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$1,274,852
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$588,100
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	2017-12-31	Yes
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	DIXON HUGHES GOODMAN
Accountancy firm EIN	2017-12-31	560747981
2016 : IDT 401(K) PLAN 2016 401k financial data
Total income from all sources (including contributions)	2016-12-31	$3,204,369
Total of all expenses incurred	2016-12-31	$1,193,168
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$1,117,213
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$1,967,534
Value of total assets at end of year	2016-12-31	$14,159,051
Value of total assets at beginning of year	2016-12-31	$12,147,850
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$75,955
Total interest from all sources	2016-12-31	$7,468
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$189,311
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$189,311
Administrative expenses professional fees incurred	2016-12-31	$5,238
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$1,226,620
Participant contributions at end of year	2016-12-31	$130,310
Participant contributions at beginning of year	2016-12-31	$202,694
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$2,011,201
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$14,159,051
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$12,147,850
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Investment advisory and management fees	2016-12-31	$59,149
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$13,802,485
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$11,311,133
Interest on participant loans	2016-12-31	$7,468
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$226,256
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$54
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$54
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$1,040,056
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$740,914
Employer contributions (assets) at end of year	2016-12-31	$0
Employer contributions (assets) at beginning of year	2016-12-31	$633,969
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$1,117,213
Contract administrator fees	2016-12-31	$11,568
Did the plan have assets held for investment	2016-12-31	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	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	DIXON HUGHES GOODMAN, LLP
Accountancy firm EIN	2016-12-31	560747981

Form 5500 Responses for IDT 401(K) PLAN

2022: IDT 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	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: IDT 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	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: IDT 401(K) 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: IDT 401(K) 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
2018: IDT 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: IDT 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: IDT 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	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:	INNOVATIVE DEFENSE TECHNOLOGIES, LLC
Employer identification number (EIN):	203575585
NAIC Classification:	541700