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VALTECH 401(K) SAVINGS PLAN 401k Plan overview

Plan NameVALTECH 401(K) SAVINGS PLAN
Plan identification number 001

VALTECH 401(K) SAVINGS PLAN Benefits

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

401k Sponsoring company profile

VALTECH TECHNOLOGIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:VALTECH TECHNOLOGIES, INC.
Employer identification number (EIN):522107729
NAIC Classification:541513
NAIC Description:Computer Facilities Management Services

Additional information about VALTECH TECHNOLOGIES, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1999-03-19
Company Identification Number: 0012564806
Legal Registered Office Address: 7200 BISHOP RD STE 280

PLANO
United States of America (USA)
75024

More information about VALTECH TECHNOLOGIES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VALTECH 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01LAURENT PRETET
0012016-01-01LAURENT PRETET
0012015-01-01LAURENT PRETET
0012014-01-01LAURENT PRETET
0012013-01-01LAURENT PRETET
0012012-01-01PENNY SHARP
0012011-01-01RICHARD DUPONT
0012009-01-01LOUIS ELLMAN
0012007-01-01

Plan Statistics for VALTECH 401(K) SAVINGS PLAN

401k plan membership statisitcs for VALTECH 401(K) SAVINGS PLAN

Measure Date Value
2017: VALTECH 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01190
Total number of active participants reported on line 7a of the Form 55002017-01-01114
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0164
Total of all active and inactive participants2017-01-01178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01178
Number of participants with account balances2017-01-01111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0110
2016: VALTECH 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01223
Total number of active participants reported on line 7a of the Form 55002016-01-01113
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0176
Total of all active and inactive participants2016-01-01189
Total participants2016-01-01189
Number of participants with account balances2016-01-01127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0112
2015: VALTECH 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01281
Total number of active participants reported on line 7a of the Form 55002015-01-01128
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0185
Total of all active and inactive participants2015-01-01213
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01213
Number of participants with account balances2015-01-01135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-015
2014: VALTECH 401(K) SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01310
Total number of active participants reported on line 7a of the Form 55002014-01-01212
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0174
Total of all active and inactive participants2014-01-01286
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01286
Number of participants with account balances2014-01-01119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: VALTECH 401(K) SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01352
Total number of active participants reported on line 7a of the Form 55002013-01-01257
Number of other retired or separated participants entitled to future benefits2013-01-0173
Total of all active and inactive participants2013-01-01330
Total participants2013-01-01330
Number of participants with account balances2013-01-01125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0117
2012: VALTECH 401(K) SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01332
Total number of active participants reported on line 7a of the Form 55002012-01-01284
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0179
Total of all active and inactive participants2012-01-01363
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01363
Number of participants with account balances2012-01-01141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0113
2011: VALTECH 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01324
Total number of active participants reported on line 7a of the Form 55002011-01-01245
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0199
Total of all active and inactive participants2011-01-01344
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01344
Number of participants with account balances2011-01-01162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-013
2009: VALTECH 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01222
Total number of active participants reported on line 7a of the Form 55002009-01-0183
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0196
Total of all active and inactive participants2009-01-01179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01179
Number of participants with account balances2009-01-01143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0114

Financial Data on VALTECH 401(K) SAVINGS PLAN

Measure Date Value
2017 : VALTECH 401(K) SAVINGS PLAN 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$1,387,252
Total of all expenses incurred2017-12-31$903,776
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$870,416
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$617,432
Value of total assets at end of year2017-12-31$5,224,972
Value of total assets at beginning of year2017-12-31$4,741,496
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$33,360
Total interest from all sources2017-12-31$1,232
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$495,109
Participant contributions at end of year2017-12-31$26,690
Participant contributions at beginning of year2017-12-31$19,354
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$2,851
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Income. Non cash contributions2017-12-31$0
Value of net income/loss2017-12-31$483,476
Value of net assets at end of year (total assets less liabilities)2017-12-31$5,224,972
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$4,741,496
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$4,994,002
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$4,548,883
Interest on participant loans2017-12-31$1,003
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$204,280
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$173,259
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$173,259
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$229
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$768,588
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$119,472
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$870,416
Contract administrator fees2017-12-31$33,360
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31STILL BURTON LLP
Accountancy firm EIN2017-12-31823247531
2016 : VALTECH 401(K) SAVINGS PLAN 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$1,056,419
Total of all expenses incurred2016-12-31$836,249
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$796,394
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$738,253
Value of total assets at end of year2016-12-31$4,741,496
Value of total assets at beginning of year2016-12-31$4,521,326
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$39,855
Total interest from all sources2016-12-31$2,271
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$609,590
Participant contributions at end of year2016-12-31$19,354
Participant contributions at beginning of year2016-12-31$79,069
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$5,767
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$220,170
Value of net assets at end of year (total assets less liabilities)2016-12-31$4,741,496
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$4,521,326
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$4,548,883
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$4,283,214
Interest on participant loans2016-12-31$2,499
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$173,259
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$159,043
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$159,043
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$-228
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$315,895
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$122,896
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$796,394
Contract administrator fees2016-12-31$39,855
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31PMB HELIN DONOVAN
Accountancy firm EIN2016-12-31743001153
2015 : VALTECH 401(K) SAVINGS PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$832,268
Total of all expenses incurred2015-12-31$664,395
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$618,011
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$922,042
Value of total assets at end of year2015-12-31$4,521,326
Value of total assets at beginning of year2015-12-31$4,353,453
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$46,384
Total interest from all sources2015-12-31$2,722
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$5,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$712,143
Participant contributions at end of year2015-12-31$79,069
Participant contributions at beginning of year2015-12-31$69,777
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$209,899
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$167,873
Value of net assets at end of year (total assets less liabilities)2015-12-31$4,521,326
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$4,353,453
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$4,283,214
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$4,104,425
Interest on participant loans2015-12-31$3,504
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$159,043
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$179,251
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$179,251
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$-782
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-92,496
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$618,011
Contract administrator fees2015-12-31$46,384
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31PMB HELIN DONOVAN
Accountancy firm EIN2015-12-31743001153
2014 : VALTECH 401(K) SAVINGS PLAN 2014 401k financial data
Total income from all sources (including contributions)2014-12-31$728,261
Total of all expenses incurred2014-12-31$573,319
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$528,129
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$554,110
Value of total assets at end of year2014-12-31$4,353,453
Value of total assets at beginning of year2014-12-31$4,198,511
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$45,190
Total interest from all sources2014-12-31$1,616
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$488,837
Participant contributions at end of year2014-12-31$69,777
Participant contributions at beginning of year2014-12-31$50,859
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$65,273
Other income not declared elsewhere2014-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$154,942
Value of net assets at end of year (total assets less liabilities)2014-12-31$4,353,453
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$4,198,511
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$4,104,425
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$3,962,494
Value of interest in pooled separate accounts at beginning of year2014-12-31$0
Interest on participant loans2014-12-31$2,634
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$179,251
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$185,158
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$185,158
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$-1,018
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$172,535
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$528,129
Contract administrator fees2014-12-31$45,190
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31PMB HELIN DONOVAN
Accountancy firm EIN2014-12-31743001153
2013 : VALTECH 401(K) SAVINGS PLAN 2013 401k financial data
Total income from all sources (including contributions)2013-12-31$1,101,822
Total of all expenses incurred2013-12-31$639,065
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$596,184
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$544,828
Value of total assets at end of year2013-12-31$4,198,511
Value of total assets at beginning of year2013-12-31$3,735,754
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$42,881
Total interest from all sources2013-12-31$1,629
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$475,279
Participant contributions at end of year2013-12-31$50,859
Participant contributions at beginning of year2013-12-31$31,095
Participant contributions at beginning of year2013-12-31$13,922
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$69,549
Total non interest bearing cash at beginning of year2013-12-31$5,451
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$462,757
Value of net assets at end of year (total assets less liabilities)2013-12-31$4,198,511
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$3,735,754
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$3,962,494
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$3,452,178
Value of interest in pooled separate accounts at end of year2013-12-31$0
Value of interest in pooled separate accounts at beginning of year2013-12-31$0
Interest on participant loans2013-12-31$1,629
Interest earned on other investments2013-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$185,158
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$233,108
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$233,108
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$555,365
Net investment gain/loss from pooled separate accounts2013-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31Yes
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$596,184
Contract administrator fees2013-12-31$42,881
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31PMB HELIN DONOVAN
Accountancy firm EIN2013-12-31743001153
2012 : VALTECH 401(K) SAVINGS PLAN 2012 401k financial data
Total income from all sources (including contributions)2012-12-31$990,233
Total of all expenses incurred2012-12-31$674,184
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$615,451
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$605,041
Value of total assets at end of year2012-12-31$3,735,754
Value of total assets at beginning of year2012-12-31$3,419,705
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$58,733
Total interest from all sources2012-12-31$1,052
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$595,156
Participant contributions at end of year2012-12-31$31,095
Participant contributions at beginning of year2012-12-31$31,190
Participant contributions at end of year2012-12-31$13,922
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$9,885
Other income not declared elsewhere2012-12-31$62,057
Administrative expenses (other) incurred2012-12-31$18,228
Total non interest bearing cash at end of year2012-12-31$5,451
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$316,049
Value of net assets at end of year (total assets less liabilities)2012-12-31$3,735,754
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$3,419,705
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$40,505
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$3,452,178
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$3,388,515
Interest on participant loans2012-12-31$1,052
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$233,108
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$322,083
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$615,451
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31PMB HELIN DONOVAN
Accountancy firm EIN2012-12-31743001153
2011 : VALTECH 401(K) SAVINGS PLAN 2011 401k financial data
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$586,395
Total of all expenses incurred2011-12-31$651,479
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$619,745
Expenses. Certain deemed distributions of participant loans2011-12-31$31,734
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$664,338
Value of total assets at end of year2011-12-31$3,419,705
Value of total assets at beginning of year2011-12-31$3,484,789
Total interest from all sources2011-12-31$630
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$510,743
Participant contributions at end of year2011-12-31$31,190
Participant contributions at beginning of year2011-12-31$26,248
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$153,595
Other income not declared elsewhere2011-12-31$85
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-65,084
Value of net assets at end of year (total assets less liabilities)2011-12-31$3,419,705
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,484,789
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$3,388,515
Value of interest in pooled separate accounts at beginning of year2011-12-31$3,458,541
Interest on participant loans2011-12-31$630
Value of interest in master investment trust accounts at beginning of year2011-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-78,658
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31Yes
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Employer contributions (assets) at beginning of year2011-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$619,745
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31PMB HELIN DONOVAN
Accountancy firm EIN2011-12-31743001153
2010 : VALTECH 401(K) SAVINGS PLAN 2010 401k financial data
Unrealized appreciation/depreciation of real estate assets2010-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$0
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total transfer of assets to this plan2010-12-31$0
Total transfer of assets from this plan2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Expenses. Interest paid2010-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022010-12-31$0
Total income from all sources (including contributions)2010-12-31$567,033
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$504,546
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$465,844
Expenses. Certain deemed distributions of participant loans2010-12-31$38,702
Value of total corrective distributions2010-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$271,444
Value of total assets at end of year2010-12-31$3,484,789
Value of total assets at beginning of year2010-12-31$3,422,302
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$0
Total income from rents2010-12-31$0
Total interest from all sources2010-12-31$1,072
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$0
Administrative expenses professional fees incurred2010-12-31$0
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$271,444
Participant contributions at end of year2010-12-31$26,248
Participant contributions at beginning of year2010-12-31$43,549
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$0
Other income not declared elsewhere2010-12-31$0
Administrative expenses (other) incurred2010-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$62,487
Value of net assets at end of year (total assets less liabilities)2010-12-31$3,484,789
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$3,422,302
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$0
Value of interest in pooled separate accounts at end of year2010-12-31$3,458,541
Value of interest in pooled separate accounts at beginning of year2010-12-31$3,377,014
Interest on participant loans2010-12-31$1,072
Income. Interest from loans (other than to participants)2010-12-31$0
Interest earned on other investments2010-12-31$0
Income. Interest from US Government securities2010-12-31$0
Income. Interest from corporate debt instruments2010-12-31$0
Value of interest in master investment trust accounts at end of year2010-12-31$0
Value of interest in master investment trust accounts at beginning of year2010-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$0
Net investment gain/loss from pooled separate accounts2010-12-31$294,517
Net investment gain or loss from common/collective trusts2010-12-31$0
Net gain/loss from 103.12 investment entities2010-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at beginning of year2010-12-31$0
Contributions received in cash from employer2010-12-31$0
Employer contributions (assets) at end of year2010-12-31$0
Employer contributions (assets) at beginning of year2010-12-31$1,739
Income. Dividends from preferred stock2010-12-31$0
Income. Dividends from common stock2010-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$465,844
Contract administrator fees2010-12-31$0
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$0
Aggregate carrying amount (costs) on sale of assets2010-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31PMB HELIN DONOVAN
Accountancy firm EIN2010-12-31743001153
2009 : VALTECH 401(K) SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for VALTECH 401(K) SAVINGS PLAN

2017: VALTECH 401(K) SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: VALTECH 401(K) SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: VALTECH 401(K) SAVINGS PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: VALTECH 401(K) SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: VALTECH 401(K) SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: VALTECH 401(K) SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: VALTECH 401(K) SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: VALTECH 401(K) SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes
2007: VALTECH 401(K) SAVINGS PLAN 2007 form 5500 responses
2007-01-01Type of plan entitySingle employer plan
2007-01-01Submission has been amendedNo
2007-01-01This submission is the final filingNo
2007-01-01This return/report is a short plan year return/report (less than 12 months)No
2007-01-01Plan is a collectively bargained planNo

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberGAP-54-AV19
Policy instance 1
Insurance contract or identification numberGAP-54-AV19
Number of Individuals Covered162
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberGAP-54-AV19
Policy instance 1
Insurance contract or identification numberGAP-54-AV19
Number of Individuals Covered137
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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