?>
Logo

SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 401k Plan overview

Plan NameSWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN
Plan identification number 002

SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SWITCHCRAFT INC. has sponsored the creation of one or more 401k plans.

Company Name:SWITCHCRAFT INC.
Employer identification number (EIN):362051512
NAIC Classification:335900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022012-01-01DAVID DUNMEAD
0022011-01-01DAVID DUNMEAD DAVID DUNMEAD2013-01-21
0022010-01-01DAVID DUNMEAD
0022009-01-01DAVID DUNMEAD

Plan Statistics for SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN

401k plan membership statisitcs for SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN

Measure Date Value
2012: SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01429
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-010
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01470
Total number of active participants reported on line 7a of the Form 55002011-01-011
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01425
Total of all active and inactive participants2011-01-01426
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-013
Total participants2011-01-01429
Number of participants with account balances2011-01-01429
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01454
Total number of active participants reported on line 7a of the Form 55002010-01-01399
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0169
Total of all active and inactive participants2010-01-01468
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-012
Total participants2010-01-01470
Number of participants with account balances2010-01-01435
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0117
2009: SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01591
Total number of active participants reported on line 7a of the Form 55002009-01-01391
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0160
Total of all active and inactive participants2009-01-01451
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-013
Total participants2009-01-01454
Number of participants with account balances2009-01-01437
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0147

Financial Data on SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN

Measure Date Value
2012 : SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources (including contributions)2012-07-20$392,058
Total of all expenses incurred2012-07-20$19,585,763
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-07-20$19,577,920
Value of total corrective distributions2012-07-20$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-07-20$0
Value of total assets at end of year2012-07-20$0
Value of total assets at beginning of year2012-07-20$19,193,705
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-07-20$7,843
Total interest from all sources2012-07-20$342
Total dividends received (eg from common stock, registered investment company shares)2012-07-20$4,428
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-07-20Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2012-07-20$0
Total dividends received from registered investment company shares (eg mutual funds)2012-07-20$4,428
Was this plan covered by a fidelity bond2012-07-20Yes
Value of fidelity bond cover2012-07-20$1,000,000
If this is an individual account plan, was there a blackout period2012-07-20No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-07-20$0
Were there any nonexempt tranactions with any party-in-interest2012-07-20No
Contributions received from participants2012-07-20$0
Participant contributions at end of year2012-07-20$0
Participant contributions at beginning of year2012-07-20$584,340
Participant contributions at end of year2012-07-20$0
Participant contributions at beginning of year2012-07-20$0
Income. Received or receivable in cash from other sources (including rollovers)2012-07-20$0
Administrative expenses (other) incurred2012-07-20$7,843
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-07-20No
Value of net income/loss2012-07-20$-19,193,705
Value of net assets at end of year (total assets less liabilities)2012-07-20$0
Value of net assets at beginning of year (total assets less liabilities)2012-07-20$19,193,705
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-07-20No
Were any loans by the plan or fixed income obligations due to the plan in default2012-07-20No
Were any leases to which the plan was party in default or uncollectible2012-07-20No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-07-20$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-07-20$15,834,960
Interest on participant loans2012-07-20$342
Value of interest in common/collective trusts at end of year2012-07-20$0
Value of interest in common/collective trusts at beginning of year2012-07-20$2,774,405
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-07-20$455,716
Net investment gain or loss from common/collective trusts2012-07-20$-68,428
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-07-20No
Was there a failure to transmit to the plan any participant contributions2012-07-20No
Has the plan failed to provide any benefit when due under the plan2012-07-20No
Contributions received in cash from employer2012-07-20$0
Employer contributions (assets) at end of year2012-07-20$0
Employer contributions (assets) at beginning of year2012-07-20$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-07-20$19,577,920
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-07-20No
Did the plan have assets held for investment2012-07-20No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-07-20No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-07-20Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-07-20Yes
Opinion of an independent qualified public accountant for this plan2012-07-20Disclaimer
Accountancy firm name2012-07-20MCGLADREY LLP
Accountancy firm EIN2012-07-20420714325
2011 : SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 2011 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$1,286,961
Total of all expenses incurred2011-12-31$5,652,776
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$5,630,932
Value of total corrective distributions2011-12-31$10,732
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,130,905
Value of total assets at end of year2011-12-31$19,193,705
Value of total assets at beginning of year2011-12-31$23,559,520
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$11,112
Total interest from all sources2011-12-31$40,633
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$564,608
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2011-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$564,608
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$670,850
Participant contributions at end of year2011-12-31$584,340
Participant contributions at beginning of year2011-12-31$743,146
Participant contributions at end of year2011-12-31$0
Participant contributions at beginning of year2011-12-31$10,622
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$715
Administrative expenses (other) incurred2011-12-31$11,112
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-4,365,815
Value of net assets at end of year (total assets less liabilities)2011-12-31$19,193,705
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$23,559,520
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$15,834,960
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$18,737,574
Interest on participant loans2011-12-31$40,633
Value of interest in common/collective trusts at end of year2011-12-31$2,774,405
Value of interest in common/collective trusts at beginning of year2011-12-31$3,861,316
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-533,846
Net investment gain or loss from common/collective trusts2011-12-31$84,661
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$459,340
Employer contributions (assets) at end of year2011-12-31$0
Employer contributions (assets) at beginning of year2011-12-31$206,862
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$5,630,932
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31MCGLADREY LLP
Accountancy firm EIN2011-12-31420714325
2010 : SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$3,352,292
Total of all expenses incurred2010-12-31$2,005,581
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,984,769
Value of total corrective distributions2010-12-31$10,707
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$920,337
Value of total assets at end of year2010-12-31$23,559,520
Value of total assets at beginning of year2010-12-31$22,212,809
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$10,105
Total interest from all sources2010-12-31$44,256
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$373,765
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$373,765
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$681,526
Participant contributions at end of year2010-12-31$743,146
Participant contributions at beginning of year2010-12-31$745,683
Participant contributions at end of year2010-12-31$10,622
Participant contributions at beginning of year2010-12-31$0
Administrative expenses (other) incurred2010-12-31$10,105
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$1,346,711
Value of net assets at end of year (total assets less liabilities)2010-12-31$23,559,520
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$22,212,809
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$18,737,574
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$17,097,262
Interest on participant loans2010-12-31$44,256
Value of interest in common/collective trusts at end of year2010-12-31$3,861,316
Value of interest in common/collective trusts at beginning of year2010-12-31$4,352,789
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$1,848,938
Net investment gain or loss from common/collective trusts2010-12-31$164,996
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$238,811
Employer contributions (assets) at end of year2010-12-31$206,862
Employer contributions (assets) at beginning of year2010-12-31$17,075
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,984,769
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31MCGLADREY & PULLEN LLP
Accountancy firm EIN2010-12-31420714325
2009 : SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN

2012: SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingYes
2012-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SWITCHCRAFT INC. EMPLOYEES SAVINGS AND PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3