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ICS TECHNOLOGIES, INC. 401(K) PLAN 401k Plan overview

Plan NameICS TECHNOLOGIES, INC. 401(K) PLAN
Plan identification number 001

ICS TECHNOLOGIES, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

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

Company Name:ICS TECHNOLOGIES, INC.
Employer identification number (EIN):541399036
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ICS TECHNOLOGIES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01
0012023-01-01
0012022-01-01FAWAZ ARAFAT2023-10-12
0012021-01-01FAWAZ ARAFAT2022-10-06
0012021-01-01FAWAZ ARAFAT2022-10-06
0012020-01-01FAWAZ ARAFAT2021-10-04
0012019-01-01FAWAZ ARAFAT2020-09-21
0012018-01-01FAWAZ ARAFAT2019-06-25
0012017-01-01FAWAZ ARAFAT2018-03-06
0012016-01-01FAWAZ ARAFAT2017-06-27
0012015-01-01FAWAZ ARAFAT2016-05-02
0012014-01-01FAWAZ ARAFAT2015-05-28
0012013-01-01FAWAZ ARAFAT2014-05-15
0012012-01-01FAWAZ ARAFAT2013-09-27
0012011-01-01FAWAZ ARAFAT2012-06-01 FAWAZ ARAFAT2012-06-01
0012010-01-01FAWAZ ARAFAT2011-09-20 FAWAZ ARAFAT2011-09-20

Plan Statistics for ICS TECHNOLOGIES, INC. 401(K) PLAN

401k plan membership statisitcs for ICS TECHNOLOGIES, INC. 401(K) PLAN

Measure Date Value
2024: ICS TECHNOLOGIES, INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-075
Total number of particpants at end of year2024-10-070
Number of Participants With Account Balances2024-10-070
2022: ICS TECHNOLOGIES, INC. 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-065
Total number of particpants at end of year2022-10-065
Number of Participants With Account Balances2022-10-065

Financial Data on ICS TECHNOLOGIES, INC. 401(K) PLAN

Measure Date Value
2024 : ICS TECHNOLOGIES, INC. 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-070
Total liabilities as of the end of the plan year2024-10-070
Total liabilities as of the beginning of the plan year2024-10-070
Total expenses incurred by plan in this plan year2024-10-07296279
Net assets as of the end of the plan year2024-10-070
Total assets as of the beginning of the plan year2024-10-07307796
Value of plan covered by a fidelity bond2024-10-0760000
Participant contributions to plan in this plan year2024-10-070
Other expenses paid from plan in this plan year2024-10-070
Other contributions to plan in this plan year2024-10-070
Other income to plan in this plan year2024-10-07-11517
Plan net income in this plan year2024-10-07-307796
Net assets as of the end of the plan year2024-10-070
Net assets as of the beginning of the plan year2024-10-07307796
Employer contributions to plan in this plan year2024-10-070
Fees paid to broker by Benefit Provider2024-10-071572
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0775
2022 : ICS TECHNOLOGIES, INC. 401(K) PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-060
Total liabilities as of the end of the plan year2022-10-060
Total liabilities as of the beginning of the plan year2022-10-060
Total expenses incurred by plan in this plan year2022-10-060
Net assets as of the end of the plan year2022-10-06318783
Total assets as of the beginning of the plan year2022-10-06266959
Value of plan covered by a fidelity bond2022-10-0660000
Participant contributions to plan in this plan year2022-10-069600
Other expenses paid from plan in this plan year2022-10-060
Other contributions to plan in this plan year2022-10-060
Other income to plan in this plan year2022-10-0635854
Plan net income in this plan year2022-10-0651824
Net assets as of the end of the plan year2022-10-06318783
Net assets as of the beginning of the plan year2022-10-06266959
Employer contributions to plan in this plan year2022-10-066370
Fees paid to broker by Benefit Provider2022-10-061455
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-060

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