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TECH MAHINDRA AMERICAS 401(K) PLAN 401k Plan overview

Plan NameTECH MAHINDRA AMERICAS 401(K) PLAN
Plan identification number 001

TECH MAHINDRA AMERICAS 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

TECH MAHINDRA AMERICAS INC. has sponsored the creation of one or more 401k plans.

Company Name:TECH MAHINDRA AMERICAS INC.
Employer identification number (EIN):223282696
NAIC Classification:541519
NAIC Description:Other Computer Related Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TECH MAHINDRA AMERICAS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01PHANINDRA KURUGANTY PHANINDRA KURUGANTY2018-10-11
0012016-01-01ARUNA PREETAM ARUNA PREETAM2017-10-13
0012015-01-01ARUNA PREETAM ARUNA PREETAM2016-10-14

Plan Statistics for TECH MAHINDRA AMERICAS 401(K) PLAN

401k plan membership statisitcs for TECH MAHINDRA AMERICAS 401(K) PLAN

Measure Date Value
2022: TECH MAHINDRA AMERICAS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-017,067
Total number of active participants reported on line 7a of the Form 55002022-01-016,848
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-01815
Total of all active and inactive participants2022-01-017,663
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-013
Total participants2022-01-017,666
Number of participants with account balances2022-01-011,857
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: TECH MAHINDRA AMERICAS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-017,051
Total number of active participants reported on line 7a of the Form 55002021-01-016,485
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01723
Total of all active and inactive participants2021-01-017,208
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-013
Total participants2021-01-017,211
Number of participants with account balances2021-01-011,743
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: TECH MAHINDRA AMERICAS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-017,965
Total number of active participants reported on line 7a of the Form 55002020-01-016,348
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01738
Total of all active and inactive participants2020-01-017,086
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-014
Total participants2020-01-017,090
Number of participants with account balances2020-01-011,658
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: TECH MAHINDRA AMERICAS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-019,177
Total number of active participants reported on line 7a of the Form 55002019-01-019,209
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01650
Total of all active and inactive participants2019-01-019,859
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-014
Total participants2019-01-019,863
Number of participants with account balances2019-01-011,464
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: TECH MAHINDRA AMERICAS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-018,743
Total number of active participants reported on line 7a of the Form 55002018-01-019,034
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01917
Total of all active and inactive participants2018-01-019,951
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-014
Total participants2018-01-019,955
Number of participants with account balances2018-01-011,583
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: TECH MAHINDRA AMERICAS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-018,576
Total number of active participants reported on line 7a of the Form 55002017-01-017,310
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-011,088
Total of all active and inactive participants2017-01-018,398
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-014
Total participants2017-01-018,402
Number of participants with account balances2017-01-011,674
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: TECH MAHINDRA AMERICAS 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-016,874
Total number of active participants reported on line 7a of the Form 55002016-01-017,827
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-011,000
Total of all active and inactive participants2016-01-018,827
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-018,828
Number of participants with account balances2016-01-011,434
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: TECH MAHINDRA AMERICAS 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-015,207
Total number of active participants reported on line 7a of the Form 55002015-01-016,461
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-011,085
Total of all active and inactive participants2015-01-017,546
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-017,547
Number of participants with account balances2015-01-011,481
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on TECH MAHINDRA AMERICAS 401(K) PLAN

Measure Date Value
2022 : TECH MAHINDRA AMERICAS 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$1,519,236
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$1,398,207
Total income from all sources (including contributions)2022-12-31$1,856,223
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$10,869,215
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$10,579,815
Expenses. Certain deemed distributions of participant loans2022-12-31$34,371
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$16,312,708
Value of total assets at end of year2022-12-31$81,189,531
Value of total assets at beginning of year2022-12-31$90,081,494
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$255,029
Total interest from all sources2022-12-31$136,460
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,398,243
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$1,398,243
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$14,214,779
Participant contributions at end of year2022-12-31$472,839
Participant contributions at beginning of year2022-12-31$622,387
Participant contributions at end of year2022-12-31$483,436
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$2,097,929
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$1,398,207
Other income not declared elsewhere2022-12-31$1,181
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-9,012,992
Value of net assets at end of year (total assets less liabilities)2022-12-31$81,189,531
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$88,683,287
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$97,079
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$72,791,008
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$81,830,417
Interest on participant loans2022-12-31$24,314
Interest earned on other investments2022-12-31$112,146
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$7,442,248
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$7,628,690
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-15,992,369
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$10,579,815
Contract administrator fees2022-12-31$157,950
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
2021 : TECH MAHINDRA AMERICAS 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$1,398,207
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$331,919
Total income from all sources (including contributions)2021-12-31$24,091,179
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$11,308,813
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$11,027,176
Expenses. Certain deemed distributions of participant loans2021-12-31$16,090
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$13,534,091
Value of total assets at end of year2021-12-31$90,081,494
Value of total assets at beginning of year2021-12-31$76,232,840
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$265,547
Total interest from all sources2021-12-31$146,881
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,348,730
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$1,348,730
Administrative expenses professional fees incurred2021-12-31$1,991
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$11,892,907
Participant contributions at end of year2021-12-31$622,387
Participant contributions at beginning of year2021-12-31$399,429
Participant contributions at beginning of year2021-12-31$313,233
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$1,641,184
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$1,398,207
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$12,782,366
Value of net assets at end of year (total assets less liabilities)2021-12-31$88,683,287
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$75,900,921
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$96,974
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$81,830,417
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$67,121,859
Interest on participant loans2021-12-31$21,513
Interest earned on other investments2021-12-31$125,368
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$7,628,690
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$8,398,319
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$9,061,477
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$11,027,176
Contract administrator fees2021-12-31$166,582
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$331,919
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Accountancy firm name2021-12-31SOBEL & CO. LLC
Accountancy firm EIN2021-12-31221430039
2020 : TECH MAHINDRA AMERICAS 401(K) PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets2020-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$0
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$331,919
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$735,367
Total income from all sources (including contributions)2020-12-31$22,660,214
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$8,312,709
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$8,072,060
Expenses. Certain deemed distributions of participant loans2020-12-31$2,292
Value of total corrective distributions2020-12-31$6,929
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$13,630,332
Value of total assets at end of year2020-12-31$76,232,840
Value of total assets at beginning of year2020-12-31$62,288,783
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$231,428
Total income from rents2020-12-31$0
Total interest from all sources2020-12-31$173,324
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$1,017,003
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$1,017,003
Administrative expenses professional fees incurred2020-12-31$14,515
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Amount of non-exempt transactions with any party-in-interest2020-12-31$0
Contributions received from participants2020-12-31$11,800,031
Participant contributions at end of year2020-12-31$399,429
Participant contributions at beginning of year2020-12-31$352,823
Participant contributions at end of year2020-12-31$313,233
Participant contributions at beginning of year2020-12-31$635
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$1,830,097
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$0
Other income not declared elsewhere2020-12-31$19
Administrative expenses (other) incurred2020-12-31$0
Liabilities. Value of operating payables at beginning of year2020-12-31$0
Total non interest bearing cash at end of year2020-12-31$0
Total non interest bearing cash at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$14,347,505
Value of net assets at end of year (total assets less liabilities)2020-12-31$75,900,921
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$61,553,416
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2020-12-31$0
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2020-12-31$0
Investment advisory and management fees2020-12-31$73,564
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$67,121,859
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$54,014,918
Interest on participant loans2020-12-31$17,384
Income. Interest from loans (other than to participants)2020-12-31$0
Interest earned on other investments2020-12-31$155,940
Income. Interest from US Government securities2020-12-31$0
Income. Interest from corporate debt instruments2020-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$8,398,319
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$7,920,407
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$7,839,536
Net investment gain/loss from pooled separate accounts2020-12-31$0
Net investment gain or loss from common/collective trusts2020-12-31$0
Net gain/loss from 103.12 investment entities2020-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$204
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$0
Income. Dividends from preferred stock2020-12-31$0
Income. Dividends from common stock2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$8,072,060
Contract administrator fees2020-12-31$143,349
Liabilities. Value of benefit claims payable at end of year2020-12-31$331,919
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$735,367
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$0
Aggregate carrying amount (costs) on sale of assets2020-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2020-12-31$0
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31SOBEL & CO., LLC
Accountancy firm EIN2020-12-31221430039
2019 : TECH MAHINDRA AMERICAS 401(K) PLAN 2019 401k financial data
Unrealized appreciation/depreciation of real estate assets2019-12-31$0
Unrealized appreciation/depreciation of real estate assets2019-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$46,659
Total transfer of assets to this plan2019-12-31$46,659
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$735,367
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$735,367
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$434,871
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$434,871
Total income from all sources (including contributions)2019-12-31$20,572,214
Total income from all sources (including contributions)2019-12-31$20,572,214
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$8,838,157
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$7,981,906
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$7,981,906
Expenses. Certain deemed distributions of participant loans2019-12-31$0
Expenses. Certain deemed distributions of participant loans2019-12-31$0
Value of total corrective distributions2019-12-31$629,666
Value of total corrective distributions2019-12-31$629,666
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$10,422,537
Value of total assets at end of year2019-12-31$62,288,783
Value of total assets at end of year2019-12-31$62,288,783
Value of total assets at beginning of year2019-12-31$50,207,571
Value of total assets at beginning of year2019-12-31$50,207,571
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$226,585
Total income from rents2019-12-31$0
Total income from rents2019-12-31$0
Total interest from all sources2019-12-31$178,001
Total interest from all sources2019-12-31$178,001
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,107,603
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,107,603
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,107,603
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,107,603
Administrative expenses professional fees incurred2019-12-31$12,889
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Amount of non-exempt transactions with any party-in-interest2019-12-31$0
Amount of non-exempt transactions with any party-in-interest2019-12-31$0
Contributions received from participants2019-12-31$7,679,329
Contributions received from participants2019-12-31$7,679,329
Participant contributions at end of year2019-12-31$352,823
Participant contributions at end of year2019-12-31$352,823
Participant contributions at beginning of year2019-12-31$346,127
Participant contributions at beginning of year2019-12-31$346,127
Participant contributions at end of year2019-12-31$635
Participant contributions at end of year2019-12-31$635
Participant contributions at beginning of year2019-12-31$12,393
Participant contributions at beginning of year2019-12-31$12,393
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$2,743,208
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$2,743,208
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$0
Other income not declared elsewhere2019-12-31$0
Other income not declared elsewhere2019-12-31$0
Administrative expenses (other) incurred2019-12-31$0
Administrative expenses (other) incurred2019-12-31$0
Liabilities. Value of operating payables at beginning of year2019-12-31$0
Total non interest bearing cash at end of year2019-12-31$0
Total non interest bearing cash at beginning of year2019-12-31$0
Total non interest bearing cash at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$11,734,057
Value of net income/loss2019-12-31$11,734,057
Value of net assets at end of year (total assets less liabilities)2019-12-31$61,553,416
Value of net assets at end of year (total assets less liabilities)2019-12-31$61,553,416
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$49,772,700
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$49,772,700
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2019-12-31$0
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2019-12-31$0
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2019-12-31$0
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2019-12-31$0
Investment advisory and management fees2019-12-31$54,741
Investment advisory and management fees2019-12-31$54,741
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$54,014,918
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$54,014,918
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$40,645,913
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$40,645,913
Interest on participant loans2019-12-31$22,596
Income. Interest from loans (other than to participants)2019-12-31$0
Income. Interest from loans (other than to participants)2019-12-31$0
Interest earned on other investments2019-12-31$155,405
Interest earned on other investments2019-12-31$155,405
Income. Interest from US Government securities2019-12-31$0
Income. Interest from US Government securities2019-12-31$0
Income. Interest from corporate debt instruments2019-12-31$0
Income. Interest from corporate debt instruments2019-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$0
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 year2019-12-31$7,920,407
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$7,920,407
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$9,203,138
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$9,203,138
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$8,864,073
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$8,864,073
Net investment gain/loss from pooled separate accounts2019-12-31$0
Net investment gain/loss from pooled separate accounts2019-12-31$0
Net investment gain or loss from common/collective trusts2019-12-31$0
Net investment gain or loss from common/collective trusts2019-12-31$0
Net gain/loss from 103.12 investment entities2019-12-31$0
Net gain/loss from 103.12 investment entities2019-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$0
Contributions received in cash from employer2019-12-31$0
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$0
Income. Dividends from preferred stock2019-12-31$0
Income. Dividends from preferred stock2019-12-31$0
Income. Dividends from common stock2019-12-31$0
Income. Dividends from common stock2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$7,981,906
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$7,981,906
Contract administrator fees2019-12-31$158,955
Contract administrator fees2019-12-31$158,955
Liabilities. Value of benefit claims payable at end of year2019-12-31$735,367
Liabilities. Value of benefit claims payable at end of year2019-12-31$735,367
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$434,871
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$434,871
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$0
Aggregate proceeds on sale of assets2019-12-31$0
Aggregate carrying amount (costs) on sale of assets2019-12-31$0
Aggregate carrying amount (costs) on sale of assets2019-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31EISNERAMPER LLP
Accountancy firm name2019-12-31EISNERAMPER LLP
Accountancy firm EIN2019-12-31131639826
Accountancy firm EIN2019-12-31131639826
2018 : TECH MAHINDRA AMERICAS 401(K) PLAN 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets2018-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$0
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$1,047,788
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$434,871
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$347,348
Total income from all sources (including contributions)2018-12-31$5,226,775
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$5,855,593
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$5,174,252
Expenses. Certain deemed distributions of participant loans2018-12-31$0
Value of total corrective distributions2018-12-31$437,276
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$7,965,876
Value of total assets at end of year2018-12-31$50,207,571
Value of total assets at beginning of year2018-12-31$49,701,078
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$244,065
Total income from rents2018-12-31$0
Total interest from all sources2018-12-31$174,099
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$893,723
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$893,723
Administrative expenses professional fees incurred2018-12-31$18,750
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Amount of non-exempt transactions with any party-in-interest2018-12-31$0
Contributions received from participants2018-12-31$7,324,369
Participant contributions at end of year2018-12-31$346,127
Participant contributions at beginning of year2018-12-31$367,973
Participant contributions at end of year2018-12-31$12,393
Participant contributions at beginning of year2018-12-31$25,292
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$637,494
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$0
Other income not declared elsewhere2018-12-31$55
Administrative expenses (other) incurred2018-12-31$0
Liabilities. Value of operating payables at beginning of year2018-12-31$0
Total non interest bearing cash at end of year2018-12-31$0
Total non interest bearing cash at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-628,818
Value of net assets at end of year (total assets less liabilities)2018-12-31$49,772,700
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$49,353,730
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2018-12-31$0
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2018-12-31$0
Investment advisory and management fees2018-12-31$46,956
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$40,645,913
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$39,544,465
Interest on participant loans2018-12-31$16,262
Income. Interest from loans (other than to participants)2018-12-31$0
Interest earned on other investments2018-12-31$157,837
Income. Interest from US Government securities2018-12-31$0
Income. Interest from corporate debt instruments2018-12-31$0
Value of interest in common/collective trusts at end of year2018-12-31$0
Value of interest in common/collective trusts at beginning of year2018-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$9,203,138
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$9,763,348
Expenses. Payments to insurance carriers foe the provision of benefits2018-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-3,806,978
Net investment gain/loss from pooled separate accounts2018-12-31$0
Net investment gain or loss from common/collective trusts2018-12-31$0
Net gain/loss from 103.12 investment entities2018-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$4,013
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$0
Income. Dividends from preferred stock2018-12-31$0
Income. Dividends from common stock2018-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$5,174,252
Contract administrator fees2018-12-31$178,359
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31Yes
Liabilities. Value of benefit claims payable at end of year2018-12-31$434,871
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$347,348
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$0
Aggregate carrying amount (costs) on sale of assets2018-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2018-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31MOSS ADAMS
Accountancy firm EIN2018-12-31910189318
2017 : TECH MAHINDRA AMERICAS 401(K) PLAN 2017 401k financial data
Unrealized appreciation/depreciation of real estate assets2017-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$0
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets to this plan2017-12-31$19,717,249
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$347,348
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$289,862
Total income from all sources (including contributions)2017-12-31$12,912,860
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$9,117,946
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$8,706,798
Expenses. Certain deemed distributions of participant loans2017-12-31$2,196
Value of total corrective distributions2017-12-31$347,348
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$6,910,637
Value of total assets at end of year2017-12-31$49,701,078
Value of total assets at beginning of year2017-12-31$26,131,429
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$61,604
Total income from rents2017-12-31$0
Total interest from all sources2017-12-31$148,573
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$591,399
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$591,399
Administrative expenses professional fees incurred2017-12-31$13,276
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Amount of non-exempt transactions with any party-in-interest2017-12-31$0
Contributions received from participants2017-12-31$5,931,448
Participant contributions at end of year2017-12-31$367,973
Participant contributions at beginning of year2017-12-31$258,841
Participant contributions at end of year2017-12-31$25,292
Participant contributions at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$979,189
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$0
Other income not declared elsewhere2017-12-31$-9,330
Administrative expenses (other) incurred2017-12-31$197
Liabilities. Value of operating payables at beginning of year2017-12-31$0
Total non interest bearing cash at end of year2017-12-31$0
Total non interest bearing cash at beginning of year2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$3,794,914
Value of net assets at end of year (total assets less liabilities)2017-12-31$49,353,730
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$25,841,567
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2017-12-31$0
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2017-12-31$0
Investment advisory and management fees2017-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$39,544,465
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$10,873,063
Interest on participant loans2017-12-31$18,795
Income. Interest from loans (other than to participants)2017-12-31$0
Interest earned on other investments2017-12-31$129,778
Income. Interest from US Government securities2017-12-31$0
Income. Interest from corporate debt instruments2017-12-31$0
Value of interest in common/collective trusts at end of year2017-12-31$0
Value of interest in common/collective trusts at beginning of year2017-12-31$6,195,394
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$9,763,348
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$8,804,131
Expenses. Payments to insurance carriers foe the provision of benefits2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$2,524,980
Net investment gain/loss from pooled separate accounts2017-12-31$0
Net investment gain or loss from common/collective trusts2017-12-31$2,746,601
Net gain/loss from 103.12 investment entities2017-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$0
Employer contributions (assets) at end of year2017-12-31$0
Employer contributions (assets) at beginning of year2017-12-31$0
Income. Dividends from preferred stock2017-12-31$0
Income. Dividends from common stock2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$8,706,798
Contract administrator fees2017-12-31$48,131
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31Yes
Liabilities. Value of benefit claims payable at end of year2017-12-31$347,348
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$289,862
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$0
Aggregate carrying amount (costs) on sale of assets2017-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2017-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31MOSS ADAMS
Accountancy firm EIN2017-12-31910189318
2016 : TECH MAHINDRA AMERICAS 401(K) PLAN 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets2016-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$0
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$289,862
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$758,297
Total income from all sources (including contributions)2016-12-31$6,092,470
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$3,827,686
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$2,974,295
Expenses. Certain deemed distributions of participant loans2016-12-31$0
Value of total corrective distributions2016-12-31$777,855
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$4,779,469
Value of total assets at end of year2016-12-31$26,131,429
Value of total assets at beginning of year2016-12-31$24,335,080
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$75,536
Total income from rents2016-12-31$0
Total interest from all sources2016-12-31$135,499
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$118,017
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$118,017
Administrative expenses professional fees incurred2016-12-31$17,000
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Amount of non-exempt transactions with any party-in-interest2016-12-31$0
Contributions received from participants2016-12-31$4,228,690
Participant contributions at end of year2016-12-31$258,841
Participant contributions at beginning of year2016-12-31$228,159
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$550,779
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$0
Other income not declared elsewhere2016-12-31$0
Administrative expenses (other) incurred2016-12-31$0
Liabilities. Value of operating payables at beginning of year2016-12-31$0
Total non interest bearing cash at end of year2016-12-31$0
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$2,264,784
Value of net assets at end of year (total assets less liabilities)2016-12-31$25,841,567
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$23,576,783
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2016-12-31$0
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2016-12-31$0
Investment advisory and management fees2016-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$10,873,063
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$10,120,578
Interest on participant loans2016-12-31$11,221
Income. Interest from loans (other than to participants)2016-12-31$0
Interest earned on other investments2016-12-31$124,278
Income. Interest from US Government securities2016-12-31$0
Income. Interest from corporate debt instruments2016-12-31$0
Value of interest in common/collective trusts at end of year2016-12-31$6,195,394
Value of interest in common/collective trusts at beginning of year2016-12-31$4,784,530
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$8,804,131
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$9,201,813
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$658,027
Net investment gain/loss from pooled separate accounts2016-12-31$0
Net investment gain or loss from common/collective trusts2016-12-31$401,458
Net gain/loss from 103.12 investment entities2016-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31Yes
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$0
Employer contributions (assets) at end of year2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$0
Income. Dividends from preferred stock2016-12-31$0
Income. Dividends from common stock2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$2,974,295
Contract administrator fees2016-12-31$58,536
Liabilities. Value of benefit claims payable at end of year2016-12-31$289,862
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$758,297
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$0
Aggregate carrying amount (costs) on sale of assets2016-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2016-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31MOSS ADAMS
Accountancy firm EIN2016-12-31910189318
2015 : TECH MAHINDRA AMERICAS 401(K) PLAN 2015 401k financial data
Unrealized appreciation/depreciation of real estate assets2015-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$0
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total transfer of assets to this plan2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$758,297
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$2,297,093
Total income from all sources (including contributions)2015-12-31$11,151,530
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$5,112,647
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$4,286,988
Expenses. Certain deemed distributions of participant loans2015-12-31$5,468
Value of total corrective distributions2015-12-31$757,566
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$9,416,563
Value of total assets at end of year2015-12-31$24,335,080
Value of total assets at beginning of year2015-12-31$19,834,993
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$62,625
Total income from rents2015-12-31$0
Total interest from all sources2015-12-31$106,379
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$83,095
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$83,095
Administrative expenses professional fees incurred2015-12-31$47,912
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Amount of non-exempt transactions with any party-in-interest2015-12-31$0
Contributions received from participants2015-12-31$3,713,132
Participant contributions at end of year2015-12-31$228,159
Participant contributions at beginning of year2015-12-31$318,516
Participant contributions at end of year2015-12-31$0
Participant contributions at beginning of year2015-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$874,620
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2015-12-31$705
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$0
Other income not declared elsewhere2015-12-31$1,843,290
Administrative expenses (other) incurred2015-12-31$27
Liabilities. Value of operating payables at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$6,038,883
Value of net assets at end of year (total assets less liabilities)2015-12-31$23,576,783
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$17,537,900
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2015-12-31$0
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2015-12-31$0
Investment advisory and management fees2015-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$10,120,578
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$10,465,146
Interest on participant loans2015-12-31$13,131
Income. Interest from loans (other than to participants)2015-12-31$0
Interest earned on other investments2015-12-31$93,248
Income. Interest from US Government securities2015-12-31$0
Income. Interest from corporate debt instruments2015-12-31$0
Value of interest in common/collective trusts at end of year2015-12-31$4,784,530
Value of interest in common/collective trusts at beginning of year2015-12-31$3,951,000
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$9,201,813
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$5,100,331
Expenses. Payments to insurance carriers foe the provision of benefits2015-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-241,956
Net investment gain/loss from pooled separate accounts2015-12-31$0
Net investment gain or loss from common/collective trusts2015-12-31$-55,841
Net gain/loss from 103.12 investment entities2015-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$4,828,811
Employer contributions (assets) at end of year2015-12-31$0
Employer contributions (assets) at beginning of year2015-12-31$0
Income. Dividends from preferred stock2015-12-31$0
Income. Dividends from common stock2015-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$4,286,283
Contract administrator fees2015-12-31$14,686
Liabilities. Value of benefit claims payable at end of year2015-12-31$758,297
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$2,297,093
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$0
Aggregate carrying amount (costs) on sale of assets2015-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2015-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31MOSS ADAMS LLP
Accountancy firm EIN2015-12-31910189318

Form 5500 Responses for TECH MAHINDRA AMERICAS 401(K) PLAN

2022: TECH MAHINDRA AMERICAS 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: TECH MAHINDRA AMERICAS 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: TECH MAHINDRA AMERICAS 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: TECH MAHINDRA AMERICAS 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: TECH MAHINDRA AMERICAS 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: TECH MAHINDRA AMERICAS 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: TECH MAHINDRA AMERICAS 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: TECH MAHINDRA AMERICAS 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered7666
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered7211
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered7090
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered9863
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered9955
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $1,251
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,251
Amount paid for insurance broker fees0
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered8402
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $14,233
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $14,233
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameMORGAN STANLEY DW INC
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered7547
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $7,965
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $7,965
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameMORGAN STANLEY SMITH BARNEY LLC

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