401k Plan data: CONTROLSCAN HOLDINGS, INC. 401(K) PLAN plan

CONTROLSCAN HOLDINGS, INC. 401(K) PLAN 401k Plan overview

Plan Name	CONTROLSCAN HOLDINGS, INC. 401(K) PLAN
Plan identification number	001

CONTROLSCAN HOLDINGS, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
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

CONTROLSCAN HOLDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name: CONTROLSCAN HOLDINGS, INC.

Employer identification number (EIN): 472384132

NAIC Classification: 518210
NAIC Description: Data Processing, Hosting, and Related Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CONTROLSCAN HOLDINGS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 STEVE VANHANDEL 2019-10-08

Plan Statistics for CONTROLSCAN HOLDINGS, INC. 401(K) PLAN

401k plan membership statisitcs for CONTROLSCAN HOLDINGS, INC. 401(K) PLAN

Measure Date Value
2021: CONTROLSCAN HOLDINGS, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 172
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 132
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 17
Total of all active and inactive participants 2021-01-01 150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 150
Number of participants with account balances 2021-01-01 66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: CONTROLSCAN HOLDINGS, INC. 401(K) 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 2020-01-01 146
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 21
Total of all active and inactive participants 2020-01-01 167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 167
Number of participants with account balances 2020-01-01 120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: CONTROLSCAN HOLDINGS, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 170
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 150
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 14
Total of all active and inactive participants 2019-01-01 168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 168
Number of participants with account balances 2019-01-01 123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0

Measure	Date	Value
2021: CONTROLSCAN HOLDINGS, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	172
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	132
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	17
Total of all active and inactive participants	2021-01-01	150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	150
Number of participants with account balances	2021-01-01	66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: CONTROLSCAN HOLDINGS, INC. 401(K) 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	146
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	21
Total of all active and inactive participants	2020-01-01	167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	167
Number of participants with account balances	2020-01-01	120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: CONTROLSCAN HOLDINGS, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	170
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	150
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	14
Total of all active and inactive participants	2019-01-01	168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	168
Number of participants with account balances	2019-01-01	123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0

Financial Data on CONTROLSCAN HOLDINGS, INC. 401(K) PLAN

Measure	Date	Value
2021 : CONTROLSCAN HOLDINGS, INC. 401(K) 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	$1,584,936
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	$545,184
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,237,388
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,194,025
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$0
Value of total assets at end of year	2021-12-31	$1,664,728
Value of total assets at beginning of year	2021-12-31	$3,941,868
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$43,363
Total interest from all sources	2021-12-31	$86
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$48,486
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	$48,486
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
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
Assets. Loans (other than to participants) at end of year	2021-12-31	$32,631
Assets. Loans (other than to participants) at beginning of year	2021-12-31	$50,931
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	$-692,204
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$1,664,728
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$3,941,868
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
Investment advisory and management fees	2021-12-31	$16,896
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$1,428,155
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$3,454,886
Interest on participant loans	2021-12-31	$86
Value of interest in common/collective trusts at end of year	2021-12-31	$203,942
Value of interest in common/collective trusts at beginning of year	2021-12-31	$436,051
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$487,112
Net investment gain or loss from common/collective trusts	2021-12-31	$9,500
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	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,194,025
Contract administrator fees	2021-12-31	$26,467
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	Disclaimer
Accountancy firm name	2021-12-31	FRAZIER & DEETER, LLC
Accountancy firm EIN	2021-12-31	581433845
2020 : CONTROLSCAN HOLDINGS, INC. 401(K) 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	$1,385,404
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$327,047
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$287,603
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$943,780
Value of total assets at end of year	2020-12-31	$3,941,868
Value of total assets at beginning of year	2020-12-31	$2,883,511
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$39,444
Total interest from all sources	2020-12-31	$2,694
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	$1,000,000
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	$613,502
Assets. Loans (other than to participants) at end of year	2020-12-31	$50,931
Assets. Loans (other than to participants) at beginning of year	2020-12-31	$43,597
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	$1,058,357
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$3,941,868
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$2,883,511
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
Investment advisory and management fees	2020-12-31	$11,409
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$3,454,886
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$2,472,646
Interest on participant loans	2020-12-31	$2,694
Value of interest in common/collective trusts at end of year	2020-12-31	$436,051
Value of interest in common/collective trusts at beginning of year	2020-12-31	$367,268
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$426,924
Net investment gain or loss from common/collective trusts	2020-12-31	$12,006
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	$330,278
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$287,603
Contract administrator fees	2020-12-31	$28,035
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	FRAZIER & DEETER, LLC
Accountancy firm EIN	2020-12-31	581433845
2019 : CONTROLSCAN HOLDINGS, INC. 401(K) PLAN 2019 401k financial data
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 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	$1,322,089
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$492,595
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$458,499
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$848,012
Value of total assets at end of year	2019-12-31	$2,883,511
Value of total assets at beginning of year	2019-12-31	$2,054,017
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$34,096
Total interest from all sources	2019-12-31	$1,634
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$1,000,000
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
Contributions received from participants	2019-12-31	$488,926
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$65,931
Assets. Loans (other than to participants) at end of year	2019-12-31	$43,597
Assets. Loans (other than to participants) at beginning of year	2019-12-31	$32,651
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	$829,494
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$2,883,511
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,054,017
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 leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$8,949
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$2,472,646
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$1,734,605
Interest on participant loans	2019-12-31	$1,634
Value of interest in common/collective trusts at end of year	2019-12-31	$367,268
Value of interest in common/collective trusts at beginning of year	2019-12-31	$286,761
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$463,694
Net investment gain or loss from common/collective trusts	2019-12-31	$8,749
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
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	$293,155
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$458,499
Contract administrator fees	2019-12-31	$25,147
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
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
Accountancy firm name	2019-12-31	FRAZIER & DEETER, LLC
Accountancy firm EIN	2019-12-31	581433845

Form 5500 Responses for CONTROLSCAN HOLDINGS, INC. 401(K) PLAN

2021: CONTROLSCAN HOLDINGS, INC. 401(K) 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 – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: CONTROLSCAN HOLDINGS, INC. 401(K) 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 – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: CONTROLSCAN HOLDINGS, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	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 – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

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

Company Name:	CONTROLSCAN HOLDINGS, INC.
Employer identification number (EIN):	472384132
NAIC Classification:	518210
NAIC Description:	Data Processing, Hosting, and Related Services