401k Plan data: TELNET INC. 401(K) PLAN plan

TELNET INC. 401(K) PLAN 401k Plan overview

Plan Name	TELNET INC. 401(K) PLAN
Plan identification number	001

TELNET 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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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.
Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.
Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

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

Company Name: TELNET INC

Employer identification number (EIN): 521972780

NAIC Classification: 541330
NAIC Description: Engineering Services

Additional information about TELNET INC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2118425

More information about TELNET INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TELNET INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 LISA PARROTT 2019-10-09
001 2017-01-01 LISA PARROTT 2018-06-26
001 2016-01-01 LISA PARROTT 2017-10-05
001 2015-01-01
001 2014-01-01
001 2013-01-01
001 2012-01-01 HOOTAN ROOSTA 2013-10-15
001 2011-01-01 REZA MOSHASHA HOOTAN ROOSTA 2014-09-26
001 2010-01-01 REZA MOSHASHA 2011-07-18
001 2009-01-01 REZA MOSHASHA
001 2008-01-01 REZA MOSHASHA HOOTAN ROOSTA 2011-05-27

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01	LISA PARROTT	2019-10-09
001	2017-01-01	LISA PARROTT	2018-06-26
001	2016-01-01	LISA PARROTT	2017-10-05
001	2015-01-01
001	2014-01-01
001	2013-01-01
001	2012-01-01	HOOTAN ROOSTA	2013-10-15
001	2011-01-01	REZA MOSHASHA		HOOTAN ROOSTA	2014-09-26
001	2010-01-01	REZA MOSHASHA	2011-07-18
001	2009-01-01	REZA MOSHASHA
001	2008-01-01	REZA MOSHASHA		HOOTAN ROOSTA	2011-05-27

Plan Statistics for TELNET INC. 401(K) PLAN

401k plan membership statisitcs for TELNET INC. 401(K) PLAN

Measure Date Value
2022: TELNET INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 139
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 65
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 45
Total of all active and inactive participants 2022-01-01 110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 110
Number of participants with account balances 2022-01-01 85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: TELNET INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 148
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 51
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 84
Total of all active and inactive participants 2021-01-01 135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 135
Number of participants with account balances 2021-01-01 118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: TELNET 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 52
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 84
Total of all active and inactive participants 2020-01-01 136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 136
Number of participants with account balances 2020-01-01 125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: TELNET INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 198
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 129
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 52
Total of all active and inactive participants 2019-01-01 181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 181
Number of participants with account balances 2019-01-01 108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2011: TELNET INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 151
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 116
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 116
Number of participants with account balances 2011-01-01 38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 1
2009: TELNET INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 62
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 87
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 24
Total of all active and inactive participants 2009-01-01 111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 112
Number of participants with account balances 2009-01-01 41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0
2008: TELNET INC. 401(K) PLAN 2008 401k membership
Total participants, beginning-of-year 2008-01-01 105
Total number of active participants reported on line 7a of the Form 5500 2008-01-01 34
Number of retired or separated participants receiving benefits 2008-01-01 0
Number of other retired or separated participants entitled to future benefits 2008-01-01 28
Total of all active and inactive participants 2008-01-01 62
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2008-01-01 0
Total participants 2008-01-01 62
Number of participants with account balances 2008-01-01 46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2008-01-01 0

Measure	Date	Value
2022: TELNET INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	139
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	65
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	45
Total of all active and inactive participants	2022-01-01	110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	110
Number of participants with account balances	2022-01-01	85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: TELNET INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	148
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	51
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	84
Total of all active and inactive participants	2021-01-01	135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	135
Number of participants with account balances	2021-01-01	118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: TELNET 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	52
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	84
Total of all active and inactive participants	2020-01-01	136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	136
Number of participants with account balances	2020-01-01	125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: TELNET INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	198
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	129
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	52
Total of all active and inactive participants	2019-01-01	181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	181
Number of participants with account balances	2019-01-01	108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2011: TELNET INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	151
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	116
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	116
Number of participants with account balances	2011-01-01	38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	1
2009: TELNET INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	62
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	87
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	24
Total of all active and inactive participants	2009-01-01	111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	112
Number of participants with account balances	2009-01-01	41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0
2008: TELNET INC. 401(K) PLAN 2008 401k membership
Total participants, beginning-of-year	2008-01-01	105
Total number of active participants reported on line 7a of the Form 5500	2008-01-01	34
Number of retired or separated participants receiving benefits	2008-01-01	0
Number of other retired or separated participants entitled to future benefits	2008-01-01	28
Total of all active and inactive participants	2008-01-01	62
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2008-01-01	0
Total participants	2008-01-01	62
Number of participants with account balances	2008-01-01	46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2008-01-01	0

Financial Data on TELNET INC. 401(K) PLAN

Measure	Date	Value
2022 : TELNET INC. 401(K) 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	$-25,873
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$325,287
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$301,710
Expenses. Certain deemed distributions of participant loans	2022-12-31	$6,956
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$427,552
Value of total assets at end of year	2022-12-31	$3,159,062
Value of total assets at beginning of year	2022-12-31	$3,510,222
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$16,621
Total interest from all sources	2022-12-31	$10,396
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$102,345
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	$102,345
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$352,000
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	$311,718
Participant contributions at end of year	2022-12-31	$51,891
Participant contributions at beginning of year	2022-12-31	$101,935
Other income not declared elsewhere	2022-12-31	$8,099
Administrative expenses (other) incurred	2022-12-31	$16,621
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	$-351,160
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$3,159,062
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$3,510,222
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	$1,812,959
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$2,089,569
Interest on participant loans	2022-12-31	$10,396
Value of interest in common/collective trusts at end of year	2022-12-31	$1,294,212
Value of interest in common/collective trusts at beginning of year	2022-12-31	$1,318,718
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-543,269
Net investment gain or loss from common/collective trusts	2022-12-31	$-30,996
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	No
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	$115,834
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$301,710
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	DSR CPA AND CONSULTANTS
Accountancy firm EIN	2022-12-31	833983879
2021 : TELNET INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total transfer of assets to this plan	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	$656,235
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$216,355
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$181,604
Expenses. Certain deemed distributions of participant loans	2021-12-31	$20,911
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$314,692
Value of total assets at end of year	2021-12-31	$3,510,222
Value of total assets at beginning of year	2021-12-31	$3,070,342
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$13,840
Total interest from all sources	2021-12-31	$10,065
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$126,377
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	$126,377
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$308,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$217,908
Participant contributions at end of year	2021-12-31	$101,935
Participant contributions at beginning of year	2021-12-31	$107,479
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$3,738
Other income not declared elsewhere	2021-12-31	$7,742
Administrative expenses (other) incurred	2021-12-31	$13,840
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	$439,880
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$3,510,222
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$3,070,342
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	$2,089,569
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$1,722,144
Interest on participant loans	2021-12-31	$10,065
Value of interest in common/collective trusts at end of year	2021-12-31	$1,318,718
Value of interest in common/collective trusts at beginning of year	2021-12-31	$1,240,719
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$143,261
Net investment gain or loss from common/collective trusts	2021-12-31	$54,098
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	$93,046
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$181,604
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	DSR CPA AND CONSULTANTS
Accountancy firm EIN	2021-12-31	833983879
2020 : TELNET INC. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$0
Total transfer of assets from this plan	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	$593,985
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$261,064
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$242,406
Expenses. Certain deemed distributions of participant loans	2020-12-31	$5,378
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$362,542
Value of total assets at end of year	2020-12-31	$3,070,342
Value of total assets at beginning of year	2020-12-31	$2,737,421
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$13,280
Total interest from all sources	2020-12-31	$7,286
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$56,802
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$56,802
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$274,000
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	$256,659
Participant contributions at end of year	2020-12-31	$107,479
Participant contributions at beginning of year	2020-12-31	$41,138
Other income not declared elsewhere	2020-12-31	$6,381
Administrative expenses (other) incurred	2020-12-31	$13,280
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	$332,921
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$3,070,342
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$2,737,421
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	$1,722,144
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$2,105,412
Interest on participant loans	2020-12-31	$7,286
Value of interest in common/collective trusts at end of year	2020-12-31	$1,240,719
Value of interest in common/collective trusts at beginning of year	2020-12-31	$590,871
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$127,441
Net investment gain or loss from common/collective trusts	2020-12-31	$33,533
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	Yes
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	$105,883
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$242,406
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	DSR CPA AND CONSULTANTS
Accountancy firm EIN	2020-12-31	833983879
2019 : TELNET INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$0
Total transfer of assets from this plan	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	$915,634
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$133,507
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$114,982
Expenses. Certain deemed distributions of participant loans	2019-12-31	$4,955
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$469,064
Value of total assets at end of year	2019-12-31	$2,737,421
Value of total assets at beginning of year	2019-12-31	$1,955,294
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$13,570
Total interest from all sources	2019-12-31	$6,500
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$70,017
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$70,017
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$196,000
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	$333,346
Participant contributions at end of year	2019-12-31	$41,138
Participant contributions at beginning of year	2019-12-31	$21,796
Other income not declared elsewhere	2019-12-31	$5,370
Administrative expenses (other) incurred	2019-12-31	$13,570
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	$782,127
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$2,737,421
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,955,294
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$2,105,412
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$1,425,754
Interest on participant loans	2019-12-31	$6,500
Value of interest in common/collective trusts at end of year	2019-12-31	$590,871
Value of interest in common/collective trusts at beginning of year	2019-12-31	$507,744
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$295,764
Net investment gain or loss from common/collective trusts	2019-12-31	$68,919
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	Yes
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	$135,718
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$114,982
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	DSR CPA AND CONSULTANTA
Accountancy firm EIN	2019-12-31	833983879
2011 : TELNET INC. 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$28,558
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$156,223
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$151,775
Expenses. Certain deemed distributions of participant loans	2011-12-31	$2,056
Value of total corrective distributions	2011-12-31	$1,892
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$61,650
Value of total assets at end of year	2011-12-31	$866,279
Value of total assets at beginning of year	2011-12-31	$993,944
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$500
Total interest from all sources	2011-12-31	$3,618
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$8,210
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$8,210
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$100,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$61,650
Participant contributions at end of year	2011-12-31	$51,285
Participant contributions at beginning of year	2011-12-31	$23,906
Assets. Other investments not covered elsewhere at end of year	2011-12-31	$0
Administrative expenses (other) incurred	2011-12-31	$500
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-127,665
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$866,279
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$993,944
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$430,591
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$528,748
Interest on participant loans	2011-12-31	$3,618
Value of interest in common/collective trusts at end of year	2011-12-31	$384,403
Value of interest in common/collective trusts at beginning of year	2011-12-31	$441,290
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-48,785
Net investment gain or loss from common/collective trusts	2011-12-31	$3,865
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$151,775
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	ATM PROFESSIONAL SERVICES
Accountancy firm EIN	2011-12-31	522021147
2009 : TELNET INC. 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0
2008 : TELNET INC. 401(K) PLAN 2008 401k financial data
Total income from all sources	2008-12-31	$-10,114
Expenses. Total of all expenses incurred	2008-12-31	$240,867
Benefits paid (including direct rollovers)	2008-12-31	$218,889
Total plan assets at end of year	2008-12-31	$819,301
Total plan assets at beginning of year	2008-12-31	$1,070,282
Value of fidelity bond covering the plan	2008-12-31	$108,000
Total contributions received or receivable from participants	2008-12-31	$185,589
Expenses. Other expenses not covered elsewhere	2008-12-31	$833
Contributions received from other sources (not participants or employers)	2008-12-31	$7,263
Other income received	2008-12-31	$-273,961
Net income (gross income less expenses)	2008-12-31	$-250,981
Net plan assets at end of year (total assets less liabilities)	2008-12-31	$819,301
Net plan assets at beginning of year (total assets less liabilities)	2008-12-31	$1,070,282
Assets. Value of participant loans	2008-12-31	$40,807
Total contributions received or receivable from employer(s)	2008-12-31	$70,995
Value of corrective distributions	2008-12-31	$21,145
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2008-12-31	$0
2007 : TELNET INC. 401(K) PLAN 2007 401k financial data
Transfers to/from the plan	2007-12-31	$0
Total plan liabilities at end of year	2007-12-31	$0
Total plan liabilities at beginning of year	2007-12-31	$0
Total income from all sources	2007-12-31	$218,016
Expenses. Total of all expenses incurred	2007-12-31	$121,982
Benefits paid (including direct rollovers)	2007-12-31	$121,423
Total plan assets at end of year	2007-12-31	$1,070,282
Total plan assets at beginning of year	2007-12-31	$974,248
Value of fidelity bond covering the plan	2007-12-31	$100,000
Total contributions received or receivable from participants	2007-12-31	$109,904
Expenses. Other expenses not covered elsewhere	2007-12-31	$559
Contributions received from other sources (not participants or employers)	2007-12-31	$0
Other income received	2007-12-31	$53,015
Noncash contributions received	2007-12-31	$0
Net income (gross income less expenses)	2007-12-31	$96,034
Net plan assets at end of year (total assets less liabilities)	2007-12-31	$1,070,282
Net plan assets at beginning of year (total assets less liabilities)	2007-12-31	$974,248
Assets. Value of participant loans	2007-12-31	$100,642
Total contributions received or receivable from employer(s)	2007-12-31	$55,097
Value of certain deemed distributions of participant loans	2007-12-31	$0
Value of corrective distributions	2007-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2007-12-31	$0

Form 5500 Responses for TELNET INC. 401(K) PLAN

2022: TELNET INC. 401(K) 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: TELNET 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	Yes
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: TELNET 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: TELNET 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
2011: TELNET INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	Yes
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: TELNET INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes
2008: TELNET INC. 401(K) PLAN 2008 form 5500 responses
2008-01-01	Type of plan entity	Single employer plan
2008-01-01	Submission has been amended	No
2008-01-01	This submission is the final filing	No
2008-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-01-01	Plan is a collectively bargained plan	No
2008-01-01	Plan funding arrangement – Insurance	Yes
2008-01-01	Plan funding arrangement – Trust	Yes
2008-01-01	Plan benefit arrangement – Insurance	Yes
2008-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

935470-01

Policy instance

Insurance contract or identification number	935470-01
Number of Individuals Covered	0
Insurance policy start date	2008-01-01
Insurance policy end date	2008-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

935470-01

Policy instance

Insurance contract or identification number	935470-01
Number of Individuals Covered	40
Insurance policy start date	2007-01-01
Insurance policy end date	2007-12-31
Total amount of commissions paid to insurance broker	USD $2,741
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,741
Insurance broker organization code?	3
Insurance broker name	RENEE KING- ONE AMERICA SECURITIES

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:	TELNET INC
Employer identification number (EIN):	521972780
NAIC Classification:	541330
NAIC Description:	Engineering Services

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2118425