401k Plan data: VIKING SYSTEMS, INC. 401(K) PSP plan

VIKING SYSTEMS, INC. 401(K) PSP 401k Plan overview

Plan Name	VIKING SYSTEMS, INC. 401(K) PSP
Plan identification number	001

VIKING SYSTEMS, INC. 401(K) PSP 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.

401k Sponsoring company profile

VIKING SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name: VIKING SYSTEMS, INC.

Employer identification number (EIN): 522265833

NAIC Classification: 483000
NAIC Description: Water Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VIKING SYSTEMS, INC. 401(K) PSP

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2015-01-01 LARS HENRIKSEN
001 2014-01-01 LARS HENRIKSEN
001 2013-01-01 LARS HENRIKSEN 2014-07-10
001 2012-01-01 LARS HENRIKSEN 2013-07-17
001 2011-01-01 LARS HENRIKSEN 2012-05-17 LARS HENRIKSEN 2012-05-17
001 2010-01-01 LARS HENRIKSEN 2011-08-12
001 2009-01-01 LARS HENRIKSEN

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2015-01-01	LARS HENRIKSEN
001	2014-01-01	LARS HENRIKSEN
001	2013-01-01	LARS HENRIKSEN	2014-07-10
001	2012-01-01	LARS HENRIKSEN	2013-07-17
001	2011-01-01	LARS HENRIKSEN	2012-05-17	LARS HENRIKSEN	2012-05-17
001	2010-01-01	LARS HENRIKSEN	2011-08-12
001	2009-01-01	LARS HENRIKSEN

Plan Statistics for VIKING SYSTEMS, INC. 401(K) PSP

401k plan membership statisitcs for VIKING SYSTEMS, INC. 401(K) PSP

Measure Date Value
2015: VIKING SYSTEMS, INC. 401(K) PSP 2015 401k membership
Total participants, beginning-of-year 2015-01-01 15
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 16
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 5
Total of all active and inactive participants 2015-01-01 21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 21
Number of participants with account balances 2015-01-01 21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 3
2014: VIKING SYSTEMS, INC. 401(K) PSP 2014 401k membership
Total participants, beginning-of-year 2014-01-01 12
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 13
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 2
Total of all active and inactive participants 2014-01-01 15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 15
Number of participants with account balances 2014-01-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2009: VIKING SYSTEMS, INC. 401(K) PSP 2009 401k membership
Total participants, beginning-of-year 2009-01-01 5
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 6
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 0
Total of all active and inactive participants 2009-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 6
Number of participants with account balances 2009-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2015: VIKING SYSTEMS, INC. 401(K) PSP 2015 401k membership
Total participants, beginning-of-year	2015-01-01	15
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	16
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	5
Total of all active and inactive participants	2015-01-01	21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	21
Number of participants with account balances	2015-01-01	21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	3
2014: VIKING SYSTEMS, INC. 401(K) PSP 2014 401k membership
Total participants, beginning-of-year	2014-01-01	12
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	13
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	2
Total of all active and inactive participants	2014-01-01	15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	15
Number of participants with account balances	2014-01-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2009: VIKING SYSTEMS, INC. 401(K) PSP 2009 401k membership
Total participants, beginning-of-year	2009-01-01	5
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	6
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	0
Total of all active and inactive participants	2009-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	6
Number of participants with account balances	2009-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on VIKING SYSTEMS, INC. 401(K) PSP

Measure	Date	Value
2015 : VIKING SYSTEMS, INC. 401(K) PSP 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$159,881
Expenses. Total of all expenses incurred	2015-12-31	$0
Benefits paid (including direct rollovers)	2015-12-31	$0
Total plan assets at end of year	2015-12-31	$1,434,204
Total plan assets at beginning of year	2015-12-31	$1,274,323
Value of fidelity bond covering the plan	2015-12-31	$140,000
Total contributions received or receivable from participants	2015-12-31	$122,881
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$-56,422
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$159,881
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$1,434,204
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,274,323
Assets. Value of participant loans	2015-12-31	$35,132
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2015-12-31	$0
Total contributions received or receivable from employer(s)	2015-12-31	$93,422
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$0
2014 : VIKING SYSTEMS, INC. 401(K) PSP 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$355,083
Expenses. Total of all expenses incurred	2014-12-31	$5,337
Benefits paid (including direct rollovers)	2014-12-31	$0
Total plan assets at end of year	2014-12-31	$1,274,323
Total plan assets at beginning of year	2014-12-31	$924,577
Value of fidelity bond covering the plan	2014-12-31	$150,000
Total contributions received or receivable from participants	2014-12-31	$86,917
Expenses. Other expenses not covered elsewhere	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$35,834
Other income received	2014-12-31	$65,242
Noncash contributions received	2014-12-31	$0
Net income (gross income less expenses)	2014-12-31	$349,746
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,274,323
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$924,577
Assets. Value of participant loans	2014-12-31	$38,400
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2014-12-31	$0
Total contributions received or receivable from employer(s)	2014-12-31	$167,090
Value of certain deemed distributions of participant loans	2014-12-31	$0
Value of corrective distributions	2014-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$5,337

Form 5500 Responses for VIKING SYSTEMS, INC. 401(K) PSP

2015: VIKING SYSTEMS, INC. 401(K) PSP 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: VIKING SYSTEMS, INC. 401(K) PSP 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2009: VIKING SYSTEMS, INC. 401(K) PSP 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

Potentially related plans

VIKING SYSTEMS, INC. 401K PLAN [EIN = 860913802]

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Company Name:	VIKING SYSTEMS, INC.
Employer identification number (EIN):	522265833
NAIC Classification:	483000
NAIC Description:	Water Transportation