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THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 401k Plan overview

Plan NameTHE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC.
Plan identification number 004

THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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

MRI SOFTWARE, LLC. has sponsored the creation of one or more 401k plans.

Company Name:MRI SOFTWARE, LLC.
Employer identification number (EIN):271499609
NAIC Classification:541511
NAIC Description:Custom Computer Programming Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042020-01-01TERRANCE P. POWER2021-09-30
0042020-01-01TERRANCE P. POWER2024-02-21
0042019-01-01LEE D. VOGT2020-10-13
0042018-01-01LEE D. VOGT2019-10-11
0042017-01-01
0042016-01-01
0042015-10-01

Plan Statistics for THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC.

401k plan membership statisitcs for THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC.

Measure Date Value
2020: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2020 401k membership
Total participants, beginning-of-year2020-01-011,300
Total number of active participants reported on line 7a of the Form 55002020-01-011,010
Number of retired or separated participants receiving benefits2020-01-012
Number of other retired or separated participants entitled to future benefits2020-01-01403
Total of all active and inactive participants2020-01-011,415
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-011,415
Number of participants with account balances2020-01-011,302
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0168
2019: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2019 401k membership
Total participants, beginning-of-year2019-01-011,063
Total number of active participants reported on line 7a of the Form 55002019-01-01892
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-01378
Total of all active and inactive participants2019-01-011,271
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-011,271
Number of participants with account balances2019-01-011,175
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0175
2018: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2018 401k membership
Total participants, beginning-of-year2018-01-01979
Total number of active participants reported on line 7a of the Form 55002018-01-01773
Number of retired or separated participants receiving benefits2018-01-012
Number of other retired or separated participants entitled to future benefits2018-01-01297
Total of all active and inactive participants2018-01-011,072
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-011,072
Number of participants with account balances2018-01-01999
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0193
2017: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2017 401k membership
Total participants, beginning-of-year2017-01-01777
Total number of active participants reported on line 7a of the Form 55002017-01-01915
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0161
Total of all active and inactive participants2017-01-01976
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01976
Number of participants with account balances2017-01-01879
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0111
2016: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2016 401k membership
Total participants, beginning-of-year2016-01-01612
Total number of active participants reported on line 7a of the Form 55002016-01-01550
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01227
Total of all active and inactive participants2016-01-01777
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01777
Number of participants with account balances2016-01-01717
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0129
2015: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2015 401k membership
Total participants, beginning-of-year2015-10-010
Total number of active participants reported on line 7a of the Form 55002015-10-01405
Number of retired or separated participants receiving benefits2015-10-011
Number of other retired or separated participants entitled to future benefits2015-10-01207
Total of all active and inactive participants2015-10-01613
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-10-010
Total participants2015-10-01613
Number of participants with account balances2015-10-01578
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-10-0150

Financial Data on THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC.

Measure Date Value
2020 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$2,665,912
Total transfer of assets from this plan2020-12-31$67,530,747
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$20,450,828
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$6,916,967
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$6,883,247
Expenses. Certain deemed distributions of participant loans2020-12-31$13,623
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$10,794,306
Value of total assets at end of year2020-12-31$67,530,747
Value of total assets at beginning of year2020-12-31$51,330,974
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$20,097
Total interest from all sources2020-12-31$38,830
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
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
Contributions received from participants2020-12-31$6,062,813
Participant contributions at end of year2020-12-31$728,664
Participant contributions at beginning of year2020-12-31$582,796
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$2,670,650
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) 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$13,533,861
Value of net assets at end of year (total assets less liabilities)2020-12-31$67,530,747
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$51,330,974
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
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$13,930
Value of interest in pooled separate accounts at end of year2020-12-31$64,741,240
Value of interest in pooled separate accounts at beginning of year2020-12-31$49,101,947
Interest on participant loans2020-12-31$38,830
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$9,617,692
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 contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$2,060,843
Employer contributions (assets) at end of year2020-12-31$2,060,843
Employer contributions (assets) at beginning of year2020-12-31$1,646,231
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$6,883,247
Contract administrator fees2020-12-31$6,167
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
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31MARCUM LLP
Accountancy firm EIN2020-12-31111986323
2019 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$1,585,921
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$15,840,306
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$3,356,604
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,311,738
Expenses. Certain deemed distributions of participant loans2019-12-31$30,770
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$7,313,896
Value of total assets at end of year2019-12-31$51,330,974
Value of total assets at beginning of year2019-12-31$37,261,351
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$14,096
Total interest from all sources2019-12-31$29,947
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
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
Contributions received from participants2019-12-31$4,902,605
Participant contributions at end of year2019-12-31$582,796
Participant contributions at beginning of year2019-12-31$573,638
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$764,943
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) 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
Value of net income/loss2019-12-31$12,483,702
Value of net assets at end of year (total assets less liabilities)2019-12-31$51,330,974
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$37,261,351
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 leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$8,390
Value of interest in pooled separate accounts at end of year2019-12-31$49,101,947
Value of interest in pooled separate accounts at beginning of year2019-12-31$35,311,036
Interest on participant loans2019-12-31$29,947
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$8,496,463
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
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$1,646,348
Employer contributions (assets) at end of year2019-12-31$1,646,231
Employer contributions (assets) at beginning of year2019-12-31$1,376,677
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$3,311,738
Contract administrator fees2019-12-31$5,706
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
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
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
Accountancy firm name2019-12-31MARCUM LLP
Accountancy firm EIN2019-12-31111986323
2018 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$3,184,978
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$3,984,055
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$3,340,258
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$3,328,007
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$6,803,430
Value of total assets at end of year2018-12-31$37,261,351
Value of total assets at beginning of year2018-12-31$33,432,576
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$12,251
Total interest from all sources2018-12-31$23,124
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
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
Contributions received from participants2018-12-31$4,062,935
Participant contributions at end of year2018-12-31$573,638
Participant contributions at beginning of year2018-12-31$282,585
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$1,363,818
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) 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$643,797
Value of net assets at end of year (total assets less liabilities)2018-12-31$37,261,351
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$33,432,576
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
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$8,022
Value of interest in pooled separate accounts at end of year2018-12-31$35,311,036
Value of interest in pooled separate accounts at beginning of year2018-12-31$31,986,870
Interest on participant loans2018-12-31$23,124
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-2,842,499
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 contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$1,376,677
Employer contributions (assets) at end of year2018-12-31$1,376,677
Employer contributions (assets) at beginning of year2018-12-31$1,163,121
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$3,328,007
Contract administrator fees2018-12-31$4,229
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
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 name2018-12-31SKODA MINOTTI & CO.
Accountancy firm EIN2018-12-31341945206
2017 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$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$12,596,442
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$1,466,455
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,459,015
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$8,311,346
Value of total assets at end of year2017-12-31$33,432,576
Value of total assets at beginning of year2017-12-31$22,302,589
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$7,440
Total interest from all sources2017-12-31$13,754
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
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
Contributions received from participants2017-12-31$3,488,020
Participant contributions at end of year2017-12-31$282,585
Participant contributions at beginning of year2017-12-31$331,928
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$3,660,205
Administrative expenses (other) incurred2017-12-31$5,070
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$11,129,987
Value of net assets at end of year (total assets less liabilities)2017-12-31$33,432,576
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$22,302,589
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
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in pooled separate accounts at end of year2017-12-31$31,986,870
Value of interest in pooled separate accounts at beginning of year2017-12-31$21,035,627
Income. Interest from loans (other than to participants)2017-12-31$13,754
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$4,271,342
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 contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$1,163,121
Employer contributions (assets) at end of year2017-12-31$1,163,121
Employer contributions (assets) at beginning of year2017-12-31$935,034
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,459,015
Contract administrator fees2017-12-31$2,370
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
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 name2017-12-31SKODA MINOTTI & CO.
Accountancy firm EIN2017-12-31341945206
2016 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$2,493,447
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$5,290,637
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$1,708,909
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,693,139
Expenses. Certain deemed distributions of participant loans2016-12-31$10,126
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$4,009,463
Value of total assets at end of year2016-12-31$22,302,589
Value of total assets at beginning of year2016-12-31$16,227,414
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$5,644
Total interest from all sources2016-12-31$11,307
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Administrative expenses professional fees incurred2016-12-31$5,644
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
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
Contributions received from participants2016-12-31$2,810,266
Participant contributions at end of year2016-12-31$331,928
Participant contributions at beginning of year2016-12-31$234,469
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$264,163
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$3,581,728
Value of net assets at end of year (total assets less liabilities)2016-12-31$22,302,589
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$16,227,414
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
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in pooled separate accounts at end of year2016-12-31$21,035,627
Value of interest in pooled separate accounts at beginning of year2016-12-31$15,265,676
Interest on participant loans2016-12-31$11,307
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$1,269,867
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 contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$935,034
Employer contributions (assets) at end of year2016-12-31$935,034
Employer contributions (assets) at beginning of year2016-12-31$727,269
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,693,139
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
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 name2016-12-31SKODA MINOTTI & CO.
Accountancy firm EIN2016-12-31341945206
2015 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2015 401k financial data
Transfers to/from the plan2015-12-31$15,761,661
Total income from all sources2015-12-31$1,360,928
Expenses. Total of all expenses incurred2015-12-31$850,924
Benefits paid (including direct rollovers)2015-12-31$848,445
Total plan assets at end of year2015-12-31$16,271,665
Total plan assets at beginning of year2015-12-31$0
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$552,099
Expenses. Other expenses not covered elsewhere2015-12-31$184
Contributions received from other sources (not participants or employers)2015-12-31$50,779
Other income received2015-12-31$34,954
Net income (gross income less expenses)2015-12-31$510,004
Net plan assets at end of year (total assets less liabilities)2015-12-31$16,271,665
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$0
Assets. Value of participant loans2015-12-31$234,469
Total contributions received or receivable from employer(s)2015-12-31$723,096
Value of certain deemed distributions of participant loans2015-12-31$800
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$1,495
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0

Form 5500 Responses for THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC.

2020: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2020 form 5500 responses
2020-01-01Type of plan entityMulitple employer plan
2020-01-01Submission has been amendedNo
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: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2019 form 5500 responses
2019-01-01Type of plan entityMulitple employer plan
2019-01-01Submission has been amendedNo
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: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2018 form 5500 responses
2018-01-01Type of plan entityMulitple employer plan
2018-01-01Submission has been amendedNo
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: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2017 form 5500 responses
2017-01-01Type of plan entityMulitple employer plan
2017-01-01Submission has been amendedNo
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: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2016 form 5500 responses
2016-01-01Type of plan entityMulitple employer plan
2016-01-01Submission has been amendedNo
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: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO MRI SOFTWARE, LLC. 2015 form 5500 responses
2015-10-01Type of plan entityMulitple employer plan
2015-10-01First time form 5500 has been submittedYes
2015-10-01Submission has been amendedNo
2015-10-01This submission is the final filingNo
2015-10-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-10-01Plan is a collectively bargained planNo
2015-10-01Plan funding arrangement – InsuranceYes
2015-10-01Plan funding arrangement – TrustYes
2015-10-01Plan benefit arrangement – InsuranceYes
2015-10-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number120448
Policy instance 1
Insurance contract or identification number120448
Number of Individuals Covered1409
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $33,830
Total amount of fees paid to insurance companyUSD $73,654
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $33,830
Amount paid for insurance broker fees73654
Additional information about fees paid to insurance brokerSALES/ADMINISTRATION
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number120448
Policy instance 1
Insurance contract or identification number120448
Number of Individuals Covered1239
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $40,238
Total amount of fees paid to insurance companyUSD $71,993
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $40,238
Amount paid for insurance broker fees71993
Additional information about fees paid to insurance brokerSALES/ADMINISTRATION
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number120448
Policy instance 1
Insurance contract or identification number120448
Number of Individuals Covered1052
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $39,311
Total amount of fees paid to insurance companyUSD $66,935
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees12
Additional information about fees paid to insurance brokerREDEMPTION FEES
Insurance broker organization code?5
Commission paid to Insurance BrokerUSD $39,311
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number120448
Policy instance 1
Insurance contract or identification number120448
Number of Individuals Covered928
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $69,539
Total amount of fees paid to insurance companyUSD $46,610
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $12,622
Amount paid for insurance broker fees46610
Additional information about fees paid to insurance brokerSALES/ADMINISTRATION
Insurance broker organization code?5
Insurance broker nameINDEPENDENT FINANCIAL PART
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number120448
Policy instance 1
Insurance contract or identification number120448
Number of Individuals Covered618
Insurance policy start date2015-10-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $20,770
Total amount of fees paid to insurance companyUSD $10,911
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $11,230
Amount paid for insurance broker fees7772
Additional information about fees paid to insurance brokerSALES/ADMINISTRATION
Insurance broker organization code?5
Insurance broker nameINDEPENDENT FINANCIAL PART

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