401k Plan data: NETSYNC NETWORK SOLUTIONS 401(K) PLAN plan

NETSYNC NETWORK SOLUTIONS 401(K) PLAN 401k Plan overview

Plan Name	NETSYNC NETWORK SOLUTIONS 401(K) PLAN
Plan identification number	002

NETSYNC NETWORK SOLUTIONS 401(K) PLAN Benefits

401k Plan Type

Defined 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.
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

NETSYNC NETWORK SOLUTIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name: NETSYNC NETWORK SOLUTIONS, INC.

Employer identification number (EIN): 320030329

NAIC Classification: 541519
NAIC Description: Other Computer Related Services

Additional information about NETSYNC NETWORK SOLUTIONS, INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2002-09-09

Company Identification Number: 0800121706

Legal Registered Office Address: 2500 WEST LOOP S STE 410

HOUSTON
United States of America (USA)
77027

More information about NETSYNC NETWORK SOLUTIONS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NETSYNC NETWORK SOLUTIONS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2019-01-01 MEIGHAN JOYCE 2020-07-14 MEIGHAN JOYCE 2020-07-14
002 2018-01-01 MEIGHAN JOYCE 2019-10-10 MEIGHAN JOYCE 2019-10-10
002 2017-01-01
002 2016-01-01
002 2015-01-01 ASHLEY MASSIE
002 2015-01-01 ASHLEY MASSIE

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2019-01-01	MEIGHAN JOYCE	2020-07-14	MEIGHAN JOYCE	2020-07-14
002	2018-01-01	MEIGHAN JOYCE	2019-10-10	MEIGHAN JOYCE	2019-10-10
002	2017-01-01
002	2016-01-01
002	2015-01-01	ASHLEY MASSIE
002	2015-01-01	ASHLEY MASSIE

Plan Statistics for NETSYNC NETWORK SOLUTIONS 401(K) PLAN

401k plan membership statisitcs for NETSYNC NETWORK SOLUTIONS 401(K) PLAN

Measure Date Value
2019: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 166
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 0
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 0
Total of all active and inactive participants 2019-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 0
Number of participants with account balances 2019-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 163
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 134
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 32
Total of all active and inactive participants 2018-01-01 166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 166
Number of participants with account balances 2018-01-01 122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 178
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 142
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 20
Total of all active and inactive participants 2017-01-01 162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 162
Number of participants with account balances 2017-01-01 108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 171
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 166
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 12
Total of all active and inactive participants 2016-01-01 178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 178
Number of participants with account balances 2016-01-01 95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 132
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 166
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 5
Total of all active and inactive participants 2015-01-01 171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 171
Number of participants with account balances 2015-01-01 81
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0

Measure	Date	Value
2019: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	166
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	0
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	0
Total of all active and inactive participants	2019-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	0
Number of participants with account balances	2019-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	163
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	134
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	32
Total of all active and inactive participants	2018-01-01	166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	166
Number of participants with account balances	2018-01-01	122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	178
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	142
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	20
Total of all active and inactive participants	2017-01-01	162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	162
Number of participants with account balances	2017-01-01	108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	171
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	166
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	12
Total of all active and inactive participants	2016-01-01	178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	178
Number of participants with account balances	2016-01-01	95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	132
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	166
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	5
Total of all active and inactive participants	2015-01-01	171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	171
Number of participants with account balances	2015-01-01	81
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0

Financial Data on NETSYNC NETWORK SOLUTIONS 401(K) PLAN

Measure	Date	Value
2019 : NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-08-30	$0
Total transfer of assets from this plan	2019-08-30	$4,086,561
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-08-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-08-30	$0
Total income from all sources (including contributions)	2019-08-30	$1,004,976
Total loss/gain on sale of assets	2019-08-30	$0
Total of all expenses incurred	2019-08-30	$589,909
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-08-30	$587,377
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-08-30	$491,836
Value of total assets at end of year	2019-08-30	$0
Value of total assets at beginning of year	2019-08-30	$3,671,494
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-08-30	$2,532
Total interest from all sources	2019-08-30	$3,244
Total dividends received (eg from common stock, registered investment company shares)	2019-08-30	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-08-30	No
Was this plan covered by a fidelity bond	2019-08-30	Yes
Value of fidelity bond cover	2019-08-30	$150,000
If this is an individual account plan, was there a blackout period	2019-08-30	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-08-30	$0
Were there any nonexempt tranactions with any party-in-interest	2019-08-30	No
Contributions received from participants	2019-08-30	$354,546
Participant contributions at end of year	2019-08-30	$0
Participant contributions at beginning of year	2019-08-30	$118,798
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-08-30	No
Value of net income/loss	2019-08-30	$415,067
Value of net assets at end of year (total assets less liabilities)	2019-08-30	$0
Value of net assets at beginning of year (total assets less liabilities)	2019-08-30	$3,671,494
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-08-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-08-30	No
Were any leases to which the plan was party in default or uncollectible	2019-08-30	No
Value of interest in pooled separate accounts at end of year	2019-08-30	$0
Value of interest in pooled separate accounts at beginning of year	2019-08-30	$3,438,283
Interest on participant loans	2019-08-30	$2,065
Interest earned on other investments	2019-08-30	$1,179
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-08-30	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-08-30	$114,413
Net investment gain/loss from pooled separate accounts	2019-08-30	$509,896
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-08-30	No
Was there a failure to transmit to the plan any participant contributions	2019-08-30	Yes
Has the plan failed to provide any benefit when due under the plan	2019-08-30	No
Contributions received in cash from employer	2019-08-30	$137,290
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-08-30	$587,377
Contract administrator fees	2019-08-30	$2,532
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-08-30	Yes
Did the plan have assets held for investment	2019-08-30	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-08-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-08-30	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-08-30	Yes
Opinion of an independent qualified public accountant for this plan	2019-08-30	Disclaimer
Accountancy firm name	2019-08-30	SUMMIT CPA GROUP, LLC
Accountancy firm EIN	2019-08-30	113730001
2018 : NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$913,617
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$273,557
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$271,797
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$1,197,197
Value of total assets at end of year	2018-12-31	$3,671,494
Value of total assets at beginning of year	2018-12-31	$3,031,434
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$1,760
Total interest from all sources	2018-12-31	$6,029
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 year	2018-12-31	No
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$150,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$763,943
Participant contributions at end of year	2018-12-31	$118,798
Participant contributions at beginning of year	2018-12-31	$74,676
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$84,895
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$640,060
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$3,671,494
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$3,031,434
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in pooled separate accounts at end of year	2018-12-31	$3,438,283
Value of interest in pooled separate accounts at beginning of year	2018-12-31	$2,874,233
Interest on participant loans	2018-12-31	$4,536
Interest earned on other investments	2018-12-31	$1,493
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-12-31	$114,413
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-12-31	$82,525
Net investment gain/loss from pooled separate accounts	2018-12-31	$-289,609
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$348,359
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$271,797
Contract administrator fees	2018-12-31	$1,760
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	SUMMIT CPA GROUP, LLC
Accountancy firm EIN	2018-12-31	113730001
2017 : NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$1,494,173
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$79,808
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$76,576
Value of total corrective distributions	2017-12-31	$1,643
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,134,312
Value of total assets at end of year	2017-12-31	$3,031,434
Value of total assets at beginning of year	2017-12-31	$1,617,069
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$1,589
Total interest from all sources	2017-12-31	$3,748
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 year	2017-12-31	No
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$150,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$613,942
Participant contributions at end of year	2017-12-31	$74,676
Participant contributions at beginning of year	2017-12-31	$28,429
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$236,561
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$1,414,365
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$3,031,434
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$1,617,069
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in pooled separate accounts at end of year	2017-12-31	$2,874,233
Value of interest in pooled separate accounts at beginning of year	2017-12-31	$1,527,534
Interest on participant loans	2017-12-31	$2,833
Interest earned on other investments	2017-12-31	$915
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2017-12-31	$82,525
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2017-12-31	$61,106
Net investment gain/loss from pooled separate accounts	2017-12-31	$356,113
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$283,809
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$76,576
Contract administrator fees	2017-12-31	$1,589
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	SUMMIT CPA GROUP, LLC
Accountancy firm EIN	2017-12-31	113730001
2016 : NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
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	$1,014,841
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$39,102
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$37,511
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$920,604
Value of total assets at end of year	2016-12-31	$1,617,069
Value of total assets at beginning of year	2016-12-31	$641,330
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$1,591
Total interest from all sources	2016-12-31	$482
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 year	2016-12-31	No
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$150,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$469,085
Participant contributions at end of year	2016-12-31	$28,429
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$199,244
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$975,739
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$1,617,069
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$641,330
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in pooled separate accounts at end of year	2016-12-31	$1,527,534
Value of interest in pooled separate accounts at beginning of year	2016-12-31	$632,800
Interest on participant loans	2016-12-31	$159
Interest earned on other investments	2016-12-31	$323
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2016-12-31	$61,106
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2016-12-31	$8,530
Net investment gain/loss from pooled separate accounts	2016-12-31	$93,755
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$252,275
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$37,511
Contract administrator fees	2016-12-31	$1,591
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	SUMMIT CPA GROUP, LLC
Accountancy firm EIN	2016-12-31	113730001
2015 : NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$647,894
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$6,564
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$5,264
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$662,514
Value of total assets at end of year	2015-12-31	$641,330
Value of total assets at beginning of year	2015-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$1,300
Total interest from all sources	2015-12-31	$39
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Administrative expenses professional fees incurred	2015-12-31	$1,300
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$150,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$366,978
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$76,608
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$641,330
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$641,330
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in pooled separate accounts at end of year	2015-12-31	$632,800
Value of interest in pooled separate accounts at beginning of year	2015-12-31	$0
Interest earned on other investments	2015-12-31	$39
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2015-12-31	$8,530
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2015-12-31	$0
Net investment gain/loss from pooled separate accounts	2015-12-31	$-14,659
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$218,928
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$5,264
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	AIM ACCOUNTING & TAX
Accountancy firm EIN	2015-12-31	464407617

Form 5500 Responses for NETSYNC NETWORK SOLUTIONS 401(K) PLAN

2019: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	Yes
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	First time form 5500 has been submitted	Yes
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

809222

Policy instance

Insurance contract or identification number	809222
Number of Individuals Covered	0
Insurance policy start date	2019-01-01
Insurance policy end date	2019-08-30
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
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 plan	No
Contracts With Unallocated Funds Deposit Administration	1
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 Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
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

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

809222

Policy instance

Insurance contract or identification number	809222
Number of Individuals Covered	166
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $10,234
Total amount of fees paid to insurance company	USD $0
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 plan	No
Contracts With Unallocated Funds Deposit Administration	1
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 Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
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 Broker	USD $10,234
Insurance broker organization code?	3

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

809222

Policy instance

Insurance contract or identification number	809222
Number of Individuals Covered	162
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $9,068
Total amount of fees paid to insurance company	USD $0
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 plan	No
Contracts With Unallocated Funds Deposit Administration	1
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 Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
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 Broker	USD $9,068
Insurance broker organization code?	3
Insurance broker name	BRADY CHAPMAN HOLLAND ASSOC. INC.

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Company Name:	NETSYNC NETWORK SOLUTIONS, INC.
Employer identification number (EIN):	320030329
NAIC Classification:	541519
NAIC Description:	Other Computer Related Services

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2002-09-09
Company Identification Number:	0800121706
Legal Registered Office Address:	2500 WEST LOOP S STE 410 HOUSTON United States of America (USA) 77027