401k Plan data: WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN plan

WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN 401k Plan overview

Plan Name	WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN
Plan identification number	002

WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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

WAVE TECHNOLOGY SOLUTIONS GROUP has sponsored the creation of one or more 401k plans.

Company Name: WAVE TECHNOLOGY SOLUTIONS GROUP

Employer identification number (EIN): 330541320

NAIC Classification: 541330
NAIC Description: Engineering Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2017-01-01
002 2016-01-01 HAMID VAEZI 2017-09-28
002 2015-01-01 HAMID VAEZI 2016-09-21
002 2014-01-01 HAMID VAEZI 2015-09-21
002 2013-01-01 HAMID VAEZI 2014-09-29
002 2012-01-01 HAMID VAEZI 2013-10-01
002 2011-01-01 HAMID VAEZI
002 2010-01-01 HAMID VAEZI
002 2009-01-01 HAMID VAEZI

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2017-01-01
002	2016-01-01	HAMID VAEZI	2017-09-28
002	2015-01-01	HAMID VAEZI	2016-09-21
002	2014-01-01	HAMID VAEZI	2015-09-21
002	2013-01-01	HAMID VAEZI	2014-09-29
002	2012-01-01	HAMID VAEZI	2013-10-01
002	2011-01-01	HAMID VAEZI
002	2010-01-01	HAMID VAEZI
002	2009-01-01	HAMID VAEZI

Plan Statistics for WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN

401k plan membership statisitcs for WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN

Measure Date Value
2011: WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 65
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 67
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 10
Total of all active and inactive participants 2011-01-01 77
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 77
Number of participants with account balances 2011-01-01 34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 2
2010: WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 59
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 51
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 8
Total of all active and inactive participants 2010-01-01 59
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 59
Number of participants with account balances 2010-01-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 35
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 43
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 11
Total of all active and inactive participants 2009-01-01 54
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 54
Number of participants with account balances 2009-01-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2011: WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	65
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	67
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	10
Total of all active and inactive participants	2011-01-01	77
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	77
Number of participants with account balances	2011-01-01	34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	2
2010: WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	59
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	51
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	8
Total of all active and inactive participants	2010-01-01	59
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	59
Number of participants with account balances	2010-01-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	35
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	43
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	11
Total of all active and inactive participants	2009-01-01	54
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	54
Number of participants with account balances	2009-01-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN

Measure	Date	Value
2011 : WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN 2011 401k financial data
Transfers to/from the plan	2011-12-31	$196,632
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$20
Total income from all sources	2011-12-31	$189,828
Expenses. Total of all expenses incurred	2011-12-31	$114,471
Benefits paid (including direct rollovers)	2011-12-31	$114,471
Total plan assets at end of year	2011-12-31	$1,352,301
Total plan assets at beginning of year	2011-12-31	$1,080,332
Total contributions received or receivable from participants	2011-12-31	$181,040
Expenses. Other expenses not covered elsewhere	2011-12-31	$0
Contributions received from other sources (not participants or employers)	2011-12-31	$27,137
Other income received	2011-12-31	$-56,697
Noncash contributions received	2011-12-31	$0
Net income (gross income less expenses)	2011-12-31	$75,357
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,352,301
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,080,312
Assets. Value of participant loans	2011-12-31	$5,709
Total contributions received or receivable from employer(s)	2011-12-31	$38,348
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN 2010 401k financial data
Transfers to/from the plan	2010-12-31	$0
Total plan liabilities at end of year	2010-12-31	$20
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$310,324
Expenses. Total of all expenses incurred	2010-12-31	$56,704
Benefits paid (including direct rollovers)	2010-12-31	$56,704
Total plan assets at end of year	2010-12-31	$1,080,332
Total plan assets at beginning of year	2010-12-31	$826,692
Total contributions received or receivable from participants	2010-12-31	$169,002
Expenses. Other expenses not covered elsewhere	2010-12-31	$0
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$104,416
Noncash contributions received	2010-12-31	$0
Net income (gross income less expenses)	2010-12-31	$253,620
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,080,312
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$826,692
Assets. Value of participant loans	2010-12-31	$26,394
Total contributions received or receivable from employer(s)	2010-12-31	$36,906
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0

Form 5500 Responses for WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN

2011: WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: WAVE TECHNOLOGY SOLUTIONS GROUP 401 (K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

77514

Policy instance

Insurance contract or identification number	77514
Number of Individuals Covered	41
Insurance policy start date	2011-01-01
Insurance policy end date	2011-12-31
Total amount of commissions paid to insurance broker	USD $10,957
Total amount of fees paid to insurance company	USD $25
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 plan	No
Contracts With Unallocated Funds Deposit Administration	0
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

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

77514

Policy instance

Insurance contract or identification number	77514
Number of Individuals Covered	33
Insurance policy start date	2010-01-01
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $8,593
Total amount of fees paid to insurance company	USD $806
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 plan	No
Contracts With Unallocated Funds Deposit Administration	0
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 $8,593
Insurance broker organization code?	3
Amount paid for insurance broker fees	806
Additional information about fees paid to insurance broker	ANNUAL ADMINISTRATION FEE
Insurance broker name	YANG'S PENSION CONSULTING, INC.

Potentially related plans

WAVE TECHNOLOGY SOLUTIONS GROUP, LLC 401(K) PLAN [EIN = 832392641]

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Company Name:	WAVE TECHNOLOGY SOLUTIONS GROUP
Employer identification number (EIN):	330541320
NAIC Classification:	541330
NAIC Description:	Engineering Services