SCIENTIC, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SCIENTIC, INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : SCIENTIC, INC. 401(K) PLAN 2023 401k financial data |
|---|
| Transfers to/from the plan | 2023-12-31 | $0 |
| Total plan liabilities at end of year | 2023-12-31 | $0 |
| Total plan liabilities at beginning of year | 2023-12-31 | $0 |
| Total income from all sources | 2023-12-31 | $1,260,247 |
| Expenses. Total of all expenses incurred | 2023-12-31 | $105,642 |
| Benefits paid (including direct rollovers) | 2023-12-31 | $97,701 |
| Total plan assets at end of year | 2023-12-31 | $3,866,623 |
| Total plan assets at beginning of year | 2023-12-31 | $2,712,018 |
| Value of fidelity bond covering the plan | 2023-12-31 | $290,000 |
| Assets. Value of tangible personal property | 2023-12-31 | $0 |
| Total contributions received or receivable from participants | 2023-12-31 | $441,345 |
| Assets. Value of loans (other than to participants) | 2023-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2023-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2023-12-31 | $134,973 |
| Other income received | 2023-12-31 | $495,599 |
| Noncash contributions received | 2023-12-31 | $0 |
| Net income (gross income less expenses) | 2023-12-31 | $1,154,605 |
| Net plan assets at end of year (total assets less liabilities) | 2023-12-31 | $3,866,623 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-12-31 | $2,712,018 |
| Assets. Value of participant loans | 2023-12-31 | $51,694 |
| Assets. Value of assets in partnership/joint-venture interests | 2023-12-31 | $0 |
| Assets. Value of real-estate (other than employer real property) | 2023-12-31 | $0 |
| Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2023-12-31 | $0 |
| Assets. Value of employer securities | 2023-12-31 | $0 |
| Assets. Value of employer real property | 2023-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2023-12-31 | $188,330 |
| Value of certain deemed distributions of participant loans | 2023-12-31 | $0 |
| Value of corrective distributions | 2023-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-12-31 | $7,941 |
| 2022 : SCIENTIC, INC. 401(K) PLAN 2022 401k financial data |
|---|
| Transfers to/from the plan | 2022-12-31 | $1,188 |
| Total plan liabilities at end of year | 2022-12-31 | $0 |
| Total plan liabilities at beginning of year | 2022-12-31 | $0 |
| Total income from all sources | 2022-12-31 | $39,808 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $305,701 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $297,558 |
| Total plan assets at end of year | 2022-12-31 | $2,712,018 |
| Total plan assets at beginning of year | 2022-12-31 | $2,976,723 |
| Value of fidelity bond covering the plan | 2022-12-31 | $290,000 |
| Total contributions received or receivable from participants | 2022-12-31 | $321,406 |
| Expenses. Other expenses not covered elsewhere | 2022-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2022-12-31 | $0 |
| Other income received | 2022-12-31 | $-515,151 |
| Noncash contributions received | 2022-12-31 | $0 |
| Net income (gross income less expenses) | 2022-12-31 | $-265,893 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $2,712,018 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,976,723 |
| Assets. Value of participant loans | 2022-12-31 | $61,278 |
| Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2022-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $233,553 |
| Value of certain deemed distributions of participant loans | 2022-12-31 | $0 |
| Value of corrective distributions | 2022-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $8,143 |
