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FIELDCOMM GROUP 401(K) PLAN 401k Plan overview

Plan NameFIELDCOMM GROUP 401(K) PLAN
Plan identification number 001

FIELDCOMM GROUP 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

FIELDCOMM GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:FIELDCOMM GROUP, INC.
Employer identification number (EIN):471471411
NAIC Classification:541600

Additional information about FIELDCOMM GROUP, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2014-09-30
Company Identification Number: 0802072551
Legal Registered Office Address: 9430 RESEARCH BLVD STE I120

AUSTIN
United States of America (USA)
78759

More information about FIELDCOMM GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIELDCOMM GROUP 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01TONI POWLEY
0012023-01-01
0012023-01-01TONI POWLEY
0012022-01-01TARA LAWRENCE2023-07-05
0012021-01-01TARA LAWRENCE2022-06-26
0012020-01-01LYNN ABED2021-06-16
0012019-01-01SANDRA MILLER2020-05-05
0012018-01-01SANDRA MILLER2019-07-01
0012017-01-01SANDRA MILLER2018-06-12
0012016-01-01ARASELY VALDEZ2017-07-07
0012015-01-01MARIA WARDLAW2016-08-01

Financial Data on FIELDCOMM GROUP 401(K) PLAN

Measure Date Value
2023 : FIELDCOMM GROUP 401(K) PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$932,281
Expenses. Total of all expenses incurred2023-12-31$356,784
Benefits paid (including direct rollovers)2023-12-31$356,086
Total plan assets at end of year2023-12-31$4,457,429
Total plan assets at beginning of year2023-12-31$3,881,932
Value of fidelity bond covering the plan2023-12-31$500,000
Total contributions received or receivable from participants2023-12-31$235,213
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$619,003
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$575,497
Net plan assets at end of year (total assets less liabilities)2023-12-31$4,457,429
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$3,881,932
Assets. Value of participant loans2023-12-31$26,517
Total contributions received or receivable from employer(s)2023-12-31$78,065
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$698
2022 : FIELDCOMM GROUP 401(K) PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-06-260
Total expenses incurred by plan in this plan year2022-06-266506
Net assets as of the end of the plan year2022-06-264338181
Total assets as of the beginning of the plan year2022-06-263462532
Value of plan covered by a fidelity bond2022-06-26500000
Participant contributions to plan in this plan year2022-06-26209545
Value of participant loans at end of plan year2022-06-2654012
Other expenses paid from plan in this plan year2022-06-260
Other contributions to plan in this plan year2022-06-260
Other income to plan in this plan year2022-06-26601452
Plan net income in this plan year2022-06-26875649
Net assets as of the end of the plan year2022-06-264338181
Net assets as of the beginning of the plan year2022-06-263462532
Employer contributions to plan in this plan year2022-06-2671158
Fees paid to broker by Benefit Provider2022-06-269584
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-26150

Form 5500 Responses for FIELDCOMM GROUP 401(K) PLAN

2023: FIELDCOMM GROUP 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number815284
Policy instance 1
Insurance contract or identification number815284
Number of Individuals Covered0
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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