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INTER CHANGE GROUP, INC. 401(K) PLAN 401k Plan overview

Plan NameINTER CHANGE GROUP, INC. 401(K) PLAN
Plan identification number 001

INTER CHANGE GROUP, INC. 401(K) 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

INTERCHANGE GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:INTERCHANGE GROUP, INC.
Employer identification number (EIN):541965308
NAIC Classification:493100

Additional information about INTERCHANGE GROUP, INC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 1999-12-16
Company Identification Number: 0531457
Legal Registered Office Address: 1346 PLEASANTS DR, STE 6

HARRISONBURG
United States of America (USA)
22801

More information about INTERCHANGE GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INTER CHANGE GROUP, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01KEVIN LONGENECKER
0012023-01-01KEVIN LONGENECKER2024-10-11 KEVIN LONGENECKER2024-10-11
0012022-01-01KEVIN LONGENECKER2023-10-05 KEVIN LONGENECKER2023-10-05
0012021-01-01KEVIN LONGENECKER2022-10-17 KEVIN LONGENECKER2022-10-17
0012020-01-01KEVIN LONGENECKER2021-10-15 KEVIN LONGENECKER2021-10-15
0012019-01-01KEVIN LONGENECKER2020-07-30
0012018-01-01KEVIN LONGENECKER2019-07-16 KEVIN LONGENECKER2019-07-16
0012017-01-01KEVIN LONGENECKER2018-07-18
0012016-01-01KEVIN LONGENECKER2017-10-13 KEVIN LONGENECKER2017-10-13
0012015-01-01KEVIN LONGENECKER2016-07-26 KEVIN LONGENECKER2016-07-26
0012014-01-01KEVIN LONGENECKER2015-07-30 KEVIN LONGENECKER2015-07-30
0012013-01-01KEVIN LONGENECKER2014-07-03 KEVIN LONGENECKER2014-07-03
0012012-01-01KEVIN LONGENECKER2013-07-17 KEVIN LONGENECKER2013-07-17
0012011-01-01KEVIN LONGENECKER2012-07-17 KEVIN LONGENECKER2012-07-17
0012010-01-01KEVIN LONGENECKER2011-07-07 KEVIN LONGENECKER2011-07-07

Financial Data on INTER CHANGE GROUP, INC. 401(K) PLAN

Measure Date Value
2023 : INTER CHANGE GROUP, INC. 401(K) PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$1,622,563
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$307,170
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$247,783
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$1,357,661
Value of total assets at end of year2023-12-31$8,100,654
Value of total assets at beginning of year2023-12-31$6,785,261
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$59,387
Total interest from all sources2023-12-31$11,698
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Assets. Corporate prefeered stocks other than exployer securities at end of year2023-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2023-12-31$0
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$500,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$748,105
Participant contributions at end of year2023-12-31$226,716
Participant contributions at beginning of year2023-12-31$138,804
Participant contributions at end of year2023-12-31$22,162
Participant contributions at beginning of year2023-12-31$16,032
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$105,451
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-12-31$1,695
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-12-31$1,758
Administrative expenses (other) incurred2023-12-31$5,755
Total non interest bearing cash at end of year2023-12-31$138,820
Total non interest bearing cash at beginning of year2023-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$1,315,393
Value of net assets at end of year (total assets less liabilities)2023-12-31$8,100,654
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$6,785,261
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Investment advisory and management fees2023-12-31$41,923
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$4,075,161
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$2,420,665
Interest on participant loans2023-12-31$11,698
Value of interest in common/collective trusts at end of year2023-12-31$2,429,326
Value of interest in common/collective trusts at beginning of year2023-12-31$2,020,624
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$139,450
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$139,450
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$-26,267
Net investment gain or loss from common/collective trusts2023-12-31$279,471
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$504,105
Employer contributions (assets) at end of year2023-12-31$16,130
Employer contributions (assets) at beginning of year2023-12-31$12,293
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$247,783
Contract administrator fees2023-12-31$11,709
Assets. Corporate common stocks other than exployer securities at end of year2023-12-31$1,190,644
Assets. Corporate common stocks other than exployer securities at beginning of year2023-12-31$2,035,635
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31BROWN, EDWARDS & COMPANY, L.L.P.
Accountancy firm EIN2023-12-31540504608
Total unrealized appreciation/depreciation of assets2023-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$0
Total income from all sources (including contributions)2023-01-01$1,622,563
Total loss/gain on sale of assets2023-01-01$0
Total of all expenses incurred2023-01-01$307,170
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$247,783
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$1,357,661
Value of total assets at end of year2023-01-01$8,100,654
Value of total assets at beginning of year2023-01-01$6,785,261
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$59,387
Total interest from all sources2023-01-01$11,698
Total dividends received (eg from common stock, registered investment company shares)2023-01-01$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Assets. Corporate prefeered stocks other than exployer securities at end of year2023-01-01$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2023-01-01$0
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$500,000
If this is an individual account plan, was there a blackout period2023-01-01No
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$748,105
Participant contributions at end of year2023-01-01$226,716
Participant contributions at beginning of year2023-01-01$138,804
Participant contributions at end of year2023-01-01$22,162
Participant contributions at beginning of year2023-01-01$16,032
Income. Received or receivable in cash from other sources (including rollovers)2023-01-01$105,451
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-01-01$1,695
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-01-01$1,758
Administrative expenses (other) incurred2023-01-01$5,755
Total non interest bearing cash at end of year2023-01-01$138,820
Total non interest bearing cash at beginning of year2023-01-01$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$1,315,393
Value of net assets at end of year (total assets less liabilities)2023-01-01$8,100,654
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$6,785,261
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Investment advisory and management fees2023-01-01$41,923
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-01-01$4,075,161
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-01-01$2,420,665
Interest on participant loans2023-01-01$11,698
Value of interest in common/collective trusts at end of year2023-01-01$2,429,326
Value of interest in common/collective trusts at beginning of year2023-01-01$2,020,624
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-01-01$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-01-01$-26,267
Net investment gain or loss from common/collective trusts2023-01-01$279,471
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01No
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$504,105
Employer contributions (assets) at end of year2023-01-01$16,130
Employer contributions (assets) at beginning of year2023-01-01$12,293
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$247,783
Contract administrator fees2023-01-01$11,709
Assets. Corporate common stocks other than exployer securities at end of year2023-01-01$1,190,644
Assets. Corporate common stocks other than exployer securities at beginning of year2023-01-01$2,035,635
Did the plan have assets held for investment2023-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01BROWN, EDWARDS & COMPANY, L.L.P.
Accountancy firm EIN2023-01-01540504608
2022 : INTER CHANGE GROUP, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$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$1,720,686
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$350,530
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$303,956
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$984,446
Value of total assets at end of year2022-12-31$6,785,261
Value of total assets at beginning of year2022-12-31$5,415,105
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$46,574
Total interest from all sources2022-12-31$4,845
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Assets. Corporate prefeered stocks other than exployer securities at end of year2022-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2022-12-31$2,046,847
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$577,632
Participant contributions at end of year2022-12-31$138,804
Participant contributions at beginning of year2022-12-31$109,467
Participant contributions at end of year2022-12-31$16,032
Participant contributions at beginning of year2022-12-31$11,042
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$27,478
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$1,758
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$1,537
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$1,370,156
Value of net assets at end of year (total assets less liabilities)2022-12-31$6,785,261
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$5,415,105
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$32,376
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$2,420,665
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$836,647
Interest on participant loans2022-12-31$4,845
Value of interest in common/collective trusts at end of year2022-12-31$2,020,624
Value of interest in common/collective trusts at beginning of year2022-12-31$2,023,807
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$139,450
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$23,363
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$23,363
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$731,395
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$379,336
Employer contributions (assets) at end of year2022-12-31$12,293
Employer contributions (assets) at beginning of year2022-12-31$10,631
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$303,956
Contract administrator fees2022-12-31$14,198
Assets. Corporate common stocks other than exployer securities at end of year2022-12-31$2,035,635
Assets. Corporate common stocks other than exployer securities at beginning of year2022-12-31$351,764
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31BROWN, EDWARDS & COMPANY, L.L.P.
Accountancy firm EIN2022-12-31540504608
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total income from all sources (including contributions)2022-01-01$1,720,686
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$350,530
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$303,956
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$984,446
Value of total assets at end of year2022-01-01$6,785,261
Value of total assets at beginning of year2022-01-01$5,415,105
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$46,574
Total interest from all sources2022-01-01$4,845
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Assets. Corporate prefeered stocks other than exployer securities at end of year2022-01-01$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2022-01-01$2,046,847
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$500,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$577,632
Participant contributions at end of year2022-01-01$138,804
Participant contributions at beginning of year2022-01-01$109,467
Participant contributions at end of year2022-01-01$16,032
Participant contributions at beginning of year2022-01-01$11,042
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$27,478
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-01-01$1,758
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-01-01$1,537
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$1,370,156
Value of net assets at end of year (total assets less liabilities)2022-01-01$6,785,261
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$5,415,105
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Investment advisory and management fees2022-01-01$32,376
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$2,420,665
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$836,647
Interest on participant loans2022-01-01$4,845
Value of interest in common/collective trusts at end of year2022-01-01$2,020,624
Value of interest in common/collective trusts at beginning of year2022-01-01$2,023,807
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-01-01$139,450
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$731,395
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$379,336
Employer contributions (assets) at end of year2022-01-01$12,293
Employer contributions (assets) at beginning of year2022-01-01$10,631
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$303,956
Contract administrator fees2022-01-01$14,198
Assets. Corporate common stocks other than exployer securities at end of year2022-01-01$2,035,635
Assets. Corporate common stocks other than exployer securities at beginning of year2022-01-01$351,764
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01BROWN, EDWARDS & COMPANY, L.L.P.
Accountancy firm EIN2022-01-01540504608
2021 : INTER CHANGE GROUP, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$1,522,813
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$284,408
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$246,955
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$811,930
Value of total assets at end of year2021-12-31$5,415,105
Value of total assets at beginning of year2021-12-31$4,176,700
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$37,453
Total interest from all sources2021-12-31$5,145
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Assets. Corporate prefeered stocks other than exployer securities at end of year2021-12-31$2,046,847
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2021-12-31$1,680,458
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$467,696
Participant contributions at end of year2021-12-31$109,467
Participant contributions at beginning of year2021-12-31$121,404
Participant contributions at end of year2021-12-31$11,042
Participant contributions at beginning of year2021-12-31$10,976
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$41,743
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2021-12-31$2,672
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$1,537
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$0
Administrative expenses (other) incurred2021-12-31$720
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,238,405
Value of net assets at end of year (total assets less liabilities)2021-12-31$5,415,105
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$4,176,700
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$26,149
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$836,647
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$776,309
Interest on participant loans2021-12-31$5,145
Value of interest in common/collective trusts at end of year2021-12-31$2,023,807
Value of interest in common/collective trusts at beginning of year2021-12-31$1,032,916
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$23,363
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$24,237
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$24,237
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$705,738
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$302,491
Employer contributions (assets) at end of year2021-12-31$10,631
Employer contributions (assets) at beginning of year2021-12-31$7,836
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$244,283
Contract administrator fees2021-12-31$10,584
Assets. Corporate common stocks other than exployer securities at end of year2021-12-31$351,764
Assets. Corporate common stocks other than exployer securities at beginning of year2021-12-31$522,564
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BROWN, EDWARDS & COMPANY, L.L.P.
Accountancy firm EIN2021-12-31540504608
2020 : INTER CHANGE GROUP, INC. 401(K) PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$654,824
Total of all expenses incurred2020-12-31$250,280
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$221,273
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$784,182
Value of total assets at end of year2020-12-31$4,176,700
Value of total assets at beginning of year2020-12-31$3,772,156
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$29,007
Total interest from all sources2020-12-31$6,470
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$430,408
Participant contributions at end of year2020-12-31$121,404
Participant contributions at beginning of year2020-12-31$117,592
Participant contributions at end of year2020-12-31$10,976
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$99,205
Other income not declared elsewhere2020-12-31$2,224
Administrative expenses (other) incurred2020-12-31$767
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$404,544
Value of net assets at end of year (total assets less liabilities)2020-12-31$4,176,700
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$3,772,156
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Assets. partnership/joint venture interests at end of year2020-12-31$522,564
Assets. partnership/joint venture interests at beginning of year2020-12-31$756,197
Investment advisory and management fees2020-12-31$23,066
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$776,309
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$2,219,014
Interest on participant loans2020-12-31$6,470
Value of interest in common/collective trusts at end of year2020-12-31$1,032,916
Value of interest in common/collective trusts at beginning of year2020-12-31$578,965
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$24,237
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$100,388
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$100,388
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$-138,052
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$254,569
Employer contributions (assets) at end of year2020-12-31$7,836
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$221,273
Contract administrator fees2020-12-31$5,174
Assets. Corporate common stocks other than exployer securities at end of year2020-12-31$1,680,458
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31BROWN, EDWARDS & COMPANY, LLP
Accountancy firm EIN2020-12-31540504608

Form 5500 Responses for INTER CHANGE GROUP, INC. 401(K) PLAN

2023: INTER CHANGE GROUP, INC. 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: INTER CHANGE GROUP, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: INTER CHANGE GROUP, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: INTER CHANGE GROUP, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes

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