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Plan Name | M-TEQ 401(K) PROFIT SHARING PLAN & TRUST |
Plan identification number | 003 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | QINETIQ INC. |
Employer identification number (EIN): | 541642759 |
NAIC Classification: | 541330 |
NAIC Description: | Engineering Services |
Additional information about QINETIQ INC.
Jurisdiction of Incorporation: | Virginia Secretary of State |
Incorporation Date: | 1992-11-09 |
Company Identification Number: | 0400492 |
Legal Registered Office Address: |
140 TECHNOLOGY PARK DRIVE KILMARNOCK United States of America (USA) 22482 |
More information about QINETIQ INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
003 | 2022-01-01 | MYRNA GANLEY | 2023-03-09 | MYRNA GANLEY | 2023-03-09 |
003 | 2021-01-01 |
Measure | Date | Value |
---|---|---|
2021: M-TEQ 401(K) PROFIT SHARING PLAN & TRUST 2021 401k membership | ||
Total participants, beginning-of-year | 2021-01-01 | 536 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 29 |
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 | 17 |
Total of all active and inactive participants | 2021-01-01 | 46 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 46 |
Number of participants with account balances | 2021-01-01 | 46 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2021 : M-TEQ 401(K) PROFIT SHARING PLAN & TRUST 2021 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets from this plan | 2021-12-31 | $16,728,010 |
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 | $5,556,655 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $4,158,427 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $4,062,017 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,109,614 |
Value of total assets at end of year | 2021-12-31 | $8,930 |
Value of total assets at beginning of year | 2021-12-31 | $15,338,712 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $96,410 |
Total interest from all sources | 2021-12-31 | $4,770 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $319,724 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2021-12-31 | $0 |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $319,724 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
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 | $2,193,614 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $147,566 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $92,724 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $11,912 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $0 |
Administrative expenses (other) incurred | 2021-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $1,398,228 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $8,930 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $15,338,712 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $90,558 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $8,930 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $14,830,049 |
Interest on participant loans | 2021-12-31 | $4,759 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $189,558 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $189,558 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $11 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $2,122,547 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $904,088 |
Employer contributions (assets) at end of year | 2021-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $78,815 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $4,062,017 |
Contract administrator fees | 2021-12-31 | $5,852 |
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 | DAVIDSON, DOYLE & HILTON, LLP |
Accountancy firm EIN | 2021-12-31 | 541953476 |
2021: M-TEQ 401(K) PROFIT SHARING PLAN & TRUST 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 |