401k Plan data: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN plan

INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	002

INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING 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.
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.

401k Sponsoring company profile

INDEPENDENT TECHNOLOGIES, LLC has sponsored the creation of one or more 401k plans.

Company Name: INDEPENDENT TECHNOLOGIES, LLC

Employer identification number (EIN): 470685933

NAIC Classification: 334200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01 ALYSSA NEIBURG 2021-10-12 ALYSSA NEIBURG 2021-10-12
002 2019-01-01 ALYSSA NEIBURG 2020-10-13 ALYSSA NEIBURG 2020-10-13
002 2018-01-01 ALYSSA NEIBURG 2019-10-13 ALYSSA NEIBURG 2019-10-13
002 2017-01-01
002 2016-01-01
002 2015-01-01 TIMOTHY O'DELL

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01
002	2021-01-01
002	2020-01-01	ALYSSA NEIBURG	2021-10-12	ALYSSA NEIBURG	2021-10-12
002	2019-01-01	ALYSSA NEIBURG	2020-10-13	ALYSSA NEIBURG	2020-10-13
002	2018-01-01	ALYSSA NEIBURG	2019-10-13	ALYSSA NEIBURG	2019-10-13
002	2017-01-01
002	2016-01-01
002	2015-01-01	TIMOTHY O'DELL

Plan Statistics for INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 171
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 170
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 23
Total of all active and inactive participants 2022-01-01 193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 193
Number of participants with account balances 2022-01-01 109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 139
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 149
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 20
Total of all active and inactive participants 2021-01-01 169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 170
Number of participants with account balances 2021-01-01 127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 168
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 124
Number of retired or separated participants receiving benefits 2020-01-01 1
Number of other retired or separated participants entitled to future benefits 2020-01-01 32
Total of all active and inactive participants 2020-01-01 157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 157
Number of participants with account balances 2020-01-01 149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 187
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 142
Number of retired or separated participants receiving benefits 2019-01-01 4
Number of other retired or separated participants entitled to future benefits 2019-01-01 24
Total of all active and inactive participants 2019-01-01 170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 170
Number of participants with account balances 2019-01-01 151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 146
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 114
Number of retired or separated participants receiving benefits 2018-01-01 6
Number of other retired or separated participants entitled to future benefits 2018-01-01 16
Total of all active and inactive participants 2018-01-01 136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 136
Number of participants with account balances 2018-01-01 135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 8
2017: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 147
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 117
Number of retired or separated participants receiving benefits 2017-01-01 3
Number of other retired or separated participants entitled to future benefits 2017-01-01 18
Total of all active and inactive participants 2017-01-01 138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 138
Number of participants with account balances 2017-01-01 131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 14
2016: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 149
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 110
Number of retired or separated participants receiving benefits 2016-01-01 9
Number of other retired or separated participants entitled to future benefits 2016-01-01 22
Total of all active and inactive participants 2016-01-01 141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 141
Number of participants with account balances 2016-01-01 141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 17
2015: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 142
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 106
Number of retired or separated participants receiving benefits 2015-01-01 7
Number of other retired or separated participants entitled to future benefits 2015-01-01 27
Total of all active and inactive participants 2015-01-01 140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 140
Number of participants with account balances 2015-01-01 139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 32

Measure	Date	Value
2022: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	171
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	170
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	23
Total of all active and inactive participants	2022-01-01	193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	193
Number of participants with account balances	2022-01-01	109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	139
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	149
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	20
Total of all active and inactive participants	2021-01-01	169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	170
Number of participants with account balances	2021-01-01	127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	168
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	124
Number of retired or separated participants receiving benefits	2020-01-01	1
Number of other retired or separated participants entitled to future benefits	2020-01-01	32
Total of all active and inactive participants	2020-01-01	157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	157
Number of participants with account balances	2020-01-01	149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	187
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	142
Number of retired or separated participants receiving benefits	2019-01-01	4
Number of other retired or separated participants entitled to future benefits	2019-01-01	24
Total of all active and inactive participants	2019-01-01	170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	170
Number of participants with account balances	2019-01-01	151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	146
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	114
Number of retired or separated participants receiving benefits	2018-01-01	6
Number of other retired or separated participants entitled to future benefits	2018-01-01	16
Total of all active and inactive participants	2018-01-01	136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	136
Number of participants with account balances	2018-01-01	135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	8
2017: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	147
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	117
Number of retired or separated participants receiving benefits	2017-01-01	3
Number of other retired or separated participants entitled to future benefits	2017-01-01	18
Total of all active and inactive participants	2017-01-01	138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	138
Number of participants with account balances	2017-01-01	131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	14
2016: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	149
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	110
Number of retired or separated participants receiving benefits	2016-01-01	9
Number of other retired or separated participants entitled to future benefits	2016-01-01	22
Total of all active and inactive participants	2016-01-01	141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	141
Number of participants with account balances	2016-01-01	141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	17
2015: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	142
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	106
Number of retired or separated participants receiving benefits	2015-01-01	7
Number of other retired or separated participants entitled to future benefits	2015-01-01	27
Total of all active and inactive participants	2015-01-01	140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	140
Number of participants with account balances	2015-01-01	139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	32

Financial Data on INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2022 : INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total transfer of assets to this plan	2022-12-31	$0
Total transfer of assets from this plan	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-1,196,875
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$891,582
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$811,261
Expenses. Certain deemed distributions of participant loans	2022-12-31	$34,413
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$729,592
Value of total assets at end of year	2022-12-31	$5,938,564
Value of total assets at beginning of year	2022-12-31	$8,027,021
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$45,908
Total interest from all sources	2022-12-31	$5,333
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$154,082
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$154,082
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$474,913
Participant contributions at end of year	2022-12-31	$88,878
Participant contributions at beginning of year	2022-12-31	$156,863
Participant contributions at end of year	2022-12-31	$10,119
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$57,628
Other income not declared elsewhere	2022-12-31	$4,615
Administrative expenses (other) incurred	2022-12-31	$45,908
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-2,088,457
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$5,938,564
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$8,027,021
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$5,766,997
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$7,796,871
Interest on participant loans	2022-12-31	$5,333
Value of interest in common/collective trusts at end of year	2022-12-31	$67,237
Value of interest in common/collective trusts at beginning of year	2022-12-31	$73,287
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-2,091,707
Net investment gain or loss from common/collective trusts	2022-12-31	$1,210
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$197,051
Employer contributions (assets) at end of year	2022-12-31	$5,333
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$811,261
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2022-12-31	450250958
2021 : INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total transfer of assets from this plan	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$1,860,102
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$2,110,455
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$2,069,251
Expenses. Certain deemed distributions of participant loans	2021-12-31	$13,406
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$675,813
Value of total assets at end of year	2021-12-31	$8,027,021
Value of total assets at beginning of year	2021-12-31	$8,277,374
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$27,798
Total interest from all sources	2021-12-31	$6,112
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$560,834
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$560,834
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$455,274
Participant contributions at end of year	2021-12-31	$156,863
Participant contributions at beginning of year	2021-12-31	$110,708
Participant contributions at beginning of year	2021-12-31	$8,920
Other income not declared elsewhere	2021-12-31	$2
Administrative expenses (other) incurred	2021-12-31	$27,798
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$-250,353
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$8,027,021
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$8,277,374
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$7,796,871
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$8,068,629
Interest on participant loans	2021-12-31	$6,112
Value of interest in common/collective trusts at end of year	2021-12-31	$73,287
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$84,302
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$616,465
Net investment gain or loss from common/collective trusts	2021-12-31	$876
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$220,539
Employer contributions (assets) at beginning of year	2021-12-31	$4,815
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$2,069,251
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	2021-12-31	Yes
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2021-12-31	450250958
2020 : INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
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	$2,247,308
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,026,544
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$988,996
Expenses. Certain deemed distributions of participant loans	2020-12-31	$32,083
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$645,628
Value of total assets at end of year	2020-12-31	$8,277,362
Value of total assets at beginning of year	2020-12-31	$7,056,598
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$5,465
Total interest from all sources	2020-12-31	$6,348
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 year	2020-12-31	No
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$439,933
Participant contributions at end of year	2020-12-31	$110,708
Participant contributions at beginning of year	2020-12-31	$136,879
Participant contributions at end of year	2020-12-31	$8,920
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$1,220,764
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$8,277,362
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$7,056,598
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$8,068,617
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$6,792,502
Interest on participant loans	2020-12-31	$6,348
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$7,107
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$7,107
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$84,302
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$120,110
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,595,332
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$205,695
Employer contributions (assets) at end of year	2020-12-31	$4,815
Employer contributions (assets) at beginning of year	2020-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$988,996
Contract administrator fees	2020-12-31	$5,465
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	SEIM JOHNSON, LLP
Accountancy firm EIN	2020-12-31	476097913
2019 : INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
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 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	$2,536,694
Total income from all sources (including contributions)	2019-12-31	$2,536,694
Total loss/gain on sale of assets	2019-12-31	$0
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$3,364,001
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$3,341,073
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$3,341,073
Expenses. Certain deemed distributions of participant loans	2019-12-31	$20,960
Expenses. Certain deemed distributions of participant loans	2019-12-31	$20,960
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$697,314
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$697,314
Value of total assets at end of year	2019-12-31	$7,056,598
Value of total assets at end of year	2019-12-31	$7,056,598
Value of total assets at beginning of year	2019-12-31	$7,883,905
Value of total assets at beginning of year	2019-12-31	$7,883,905
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$1,968
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$1,968
Total interest from all sources	2019-12-31	$7,478
Total interest from all sources	2019-12-31	$7,478
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
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 year	2019-12-31	No
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$421,510
Contributions received from participants	2019-12-31	$421,510
Participant contributions at end of year	2019-12-31	$136,879
Participant contributions at end of year	2019-12-31	$136,879
Participant contributions at beginning of year	2019-12-31	$128,863
Participant contributions at beginning of year	2019-12-31	$128,863
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$94,114
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$94,114
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$-827,307
Value of net income/loss	2019-12-31	$-827,307
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$7,056,598
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$7,056,598
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$7,883,905
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$7,883,905
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$6,792,502
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$6,792,502
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$7,394,809
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$7,394,809
Interest on participant loans	2019-12-31	$7,478
Interest on participant loans	2019-12-31	$7,478
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$7,107
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$7,107
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$12,922
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$12,922
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$12,922
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$12,922
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$120,110
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$120,110
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$125,689
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$125,689
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,831,902
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,831,902
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$181,690
Contributions received in cash from employer	2019-12-31	$181,690
Employer contributions (assets) at end of year	2019-12-31	$0
Employer contributions (assets) at end of year	2019-12-31	$0
Employer contributions (assets) at beginning of year	2019-12-31	$221,622
Employer contributions (assets) at beginning of year	2019-12-31	$221,622
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$3,341,073
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$3,341,073
Contract administrator fees	2019-12-31	$1,968
Contract administrator fees	2019-12-31	$1,968
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	SEIM JOHNSON, LLP
Accountancy firm name	2019-12-31	SEIM JOHNSON, LLP
Accountancy firm EIN	2019-12-31	476097913
2018 : INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING 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	$332,094
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$748,676
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$748,676
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$761,130
Value of total assets at end of year	2018-12-31	$7,883,905
Value of total assets at beginning of year	2018-12-31	$8,300,487
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$0
Total interest from all sources	2018-12-31	$8,645
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	$500,000
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	$411,487
Participant contributions at end of year	2018-12-31	$128,863
Participant contributions at beginning of year	2018-12-31	$207,728
Participant contributions at beginning of year	2018-12-31	$16,789
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	$-416,582
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$7,883,905
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$8,300,487
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 registered invesment companies (eg mutual funds) at end of year	2018-12-31	$7,394,809
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$7,953,824
Interest on participant loans	2018-12-31	$8,645
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$12,922
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$8,456
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$8,456
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-12-31	$125,689
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-12-31	$106,092
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-437,681
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	No
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	$349,643
Employer contributions (assets) at end of year	2018-12-31	$221,622
Employer contributions (assets) at beginning of year	2018-12-31	$7,598
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$748,676
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	SEIM JOHNSON, LLP
Accountancy firm EIN	2018-12-31	476097913
2017 : INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING 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	$1,741,524
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$267,558
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$240,991
Expenses. Certain deemed distributions of participant loans	2017-12-31	$4,859
Value of total corrective distributions	2017-12-31	$21,708
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$431,803
Value of total assets at end of year	2017-12-31	$8,300,487
Value of total assets at beginning of year	2017-12-31	$6,826,521
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$0
Total interest from all sources	2017-12-31	$7,952
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	$500,000
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	$370,204
Participant contributions at end of year	2017-12-31	$207,728
Participant contributions at beginning of year	2017-12-31	$157,413
Participant contributions at end of year	2017-12-31	$16,789
Participant contributions at beginning of year	2017-12-31	$7,235
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	$1,473,966
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$8,300,487
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$6,826,521
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 registered invesment companies (eg mutual funds) at end of year	2017-12-31	$7,953,824
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$6,352,955
Interest on participant loans	2017-12-31	$7,952
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$8,456
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$8,540
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$8,540
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2017-12-31	$106,092
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2017-12-31	$86,453
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,301,769
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	No
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	$61,599
Employer contributions (assets) at end of year	2017-12-31	$7,598
Employer contributions (assets) at beginning of year	2017-12-31	$213,925
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$240,991
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	SEIM JOHNSON, LLP
Accountancy firm EIN	2017-12-31	476097913
2016 : INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING 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	$996,787
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$665,679
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$634,846
Expenses. Certain deemed distributions of participant loans	2016-12-31	$14,360
Value of total corrective distributions	2016-12-31	$16,473
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$694,510
Value of total assets at end of year	2016-12-31	$6,826,521
Value of total assets at beginning of year	2016-12-31	$6,495,413
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$0
Total interest from all sources	2016-12-31	$7,287
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	$3,000,000
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	$329,960
Participant contributions at end of year	2016-12-31	$157,413
Participant contributions at beginning of year	2016-12-31	$194,629
Participant contributions at end of year	2016-12-31	$7,235
Participant contributions at beginning of year	2016-12-31	$7,347
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$100,000
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	$331,108
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$6,826,521
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$6,495,413
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 registered invesment companies (eg mutual funds) at end of year	2016-12-31	$6,352,955
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$5,902,957
Interest on participant loans	2016-12-31	$7,287
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$8,540
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$71,749
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$71,749
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2016-12-31	$86,453
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2016-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$294,990
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	No
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	$264,550
Employer contributions (assets) at end of year	2016-12-31	$213,925
Employer contributions (assets) at beginning of year	2016-12-31	$318,731
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$634,846
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	SEIM JOHNSON, LLP
Accountancy firm EIN	2016-12-31	476097913
2015 : INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING 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	$768,339
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$211,727
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$144,335
Expenses. Certain deemed distributions of participant loans	2015-12-31	$57,374
Value of total corrective distributions	2015-12-31	$10,018
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$720,633
Value of total assets at end of year	2015-12-31	$6,495,413
Value of total assets at beginning of year	2015-12-31	$5,938,801
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$0
Total interest from all sources	2015-12-31	$9,010
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
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$3,000,000
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	$328,824
Participant contributions at end of year	2015-12-31	$194,629
Participant contributions at beginning of year	2015-12-31	$246,810
Participant contributions at end of year	2015-12-31	$7,347
Participant contributions at beginning of year	2015-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$21,906
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	$556,612
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$6,495,413
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$5,938,801
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 registered invesment companies (eg mutual funds) at end of year	2015-12-31	$5,902,957
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$5,391,918
Interest on participant loans	2015-12-31	$9,010
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$71,749
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$71,613
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$71,613
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$38,696
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	$369,903
Employer contributions (assets) at end of year	2015-12-31	$318,731
Employer contributions (assets) at beginning of year	2015-12-31	$228,460
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$144,335
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	SEIM JOHNSON, LLP
Accountancy firm EIN	2015-12-31	476097913

Form 5500 Responses for INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

2022: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING 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	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
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 - Trust	Yes
2018: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING 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 – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING 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 – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING 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 – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: INDEPENDENT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
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 – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

GAP-CP-JH7S

Policy instance

Insurance contract or identification number	GAP-CP-JH7S
Number of Individuals Covered	0
Insurance policy start date	2021-01-01
Insurance policy end date	2021-04-09
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	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?	Yes

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

GAP-CP-JH7S

Policy instance

Insurance contract or identification number	GAP-CP-JH7S
Number of Individuals Covered	149
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
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	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

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

GAP-CP-JH7S

Policy instance

Insurance contract or identification number	GAP-CP-JH7S
Number of Individuals Covered	151
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
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	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

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

GAP-CP-JH7S

Policy instance

Insurance contract or identification number	GAP-CP-JH7S
Number of Individuals Covered	135
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $70
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	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
Commission paid to Insurance Broker	USD $70
Insurance broker organization code?	3

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

GAP-CP-JH7S

Policy instance

Insurance contract or identification number	GAP-CP-JH7S
Number of Individuals Covered	131
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $370
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	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
Commission paid to Insurance Broker	USD $370
Insurance broker organization code?	3
Insurance broker name	UBS FINANCIAL SERVICES INC.

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Company Name:	INDEPENDENT TECHNOLOGIES, LLC
Employer identification number (EIN):	470685933
NAIC Classification:	334200