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XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameXCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 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

XCHANGE TECHNOLOGY GROUP has sponsored the creation of one or more 401k plans.

Company Name:XCHANGE TECHNOLOGY GROUP
Employer identification number (EIN):562028738
NAIC Classification:423600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01CHERYL MCCARTY-CAMPBELL
0012015-01-01CHERYL MCCARTY-CAMPBELL
0012014-01-01CHERYL MCCARTY-CAMBPELL CHERYL MCCARTY-CAMPBELL2015-10-14
0012013-01-01CHERYL MCCARTY-CAMPBELL
0012012-01-01DELVIN FLETCHER
0012011-01-01MONICA DRYGALA
0012010-01-01MONICA DRYGALA
0012009-01-01XCHANGE TECHNOLOGY GROUP
0012009-01-01MONICA DRYGALA
0012009-01-01MONICA DRYGALA

Plan Statistics for XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2016: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-01157
Total number of active participants reported on line 7a of the Form 55002016-01-01106
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0147
Total of all active and inactive participants2016-01-01153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01154
Number of participants with account balances2016-01-01101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-016
2015: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-01166
Total number of active participants reported on line 7a of the Form 55002015-01-01101
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0151
Total of all active and inactive participants2015-01-01152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01153
Number of participants with account balances2015-01-01104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-015
2014: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-01146
Total number of active participants reported on line 7a of the Form 55002014-01-01104
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0160
Total of all active and inactive participants2014-01-01164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-012
Total participants2014-01-01166
Number of participants with account balances2014-01-01115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-016
2013: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-01145
Total number of active participants reported on line 7a of the Form 55002013-01-0182
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0151
Total of all active and inactive participants2013-01-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-01134
Number of participants with account balances2013-01-01108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-018
2012: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-01130
Total number of active participants reported on line 7a of the Form 55002012-01-01121
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0123
Total of all active and inactive participants2012-01-01144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-01145
Number of participants with account balances2012-01-01113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0112
2011: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-01140
Total number of active participants reported on line 7a of the Form 55002011-01-01121
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-019
Total of all active and inactive participants2011-01-01130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01130
Number of participants with account balances2011-01-01114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-014
2010: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-01134
Total number of active participants reported on line 7a of the Form 55002010-01-01113
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0127
Total of all active and inactive participants2010-01-01140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01140
Number of participants with account balances2010-01-01130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0110
2009: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-01117
Total number of active participants reported on line 7a of the Form 55002009-01-01104
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0130
Total of all active and inactive participants2009-01-01134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01134
Number of participants with account balances2009-01-01122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-016

Financial Data on XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2016 : XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$0
Total transfer of assets from this plan2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$1,947
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$418,400
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$260,695
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$259,395
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$258,997
Value of total assets at end of year2016-12-31$2,372,325
Value of total assets at beginning of year2016-12-31$2,212,673
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,300
Total interest from all sources2016-12-31$1,963
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$51,191
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$51,191
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$222,000
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$232,976
Participant contributions at end of year2016-12-31$34,034
Participant contributions at beginning of year2016-12-31$26,005
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$1,947
Administrative expenses (other) incurred2016-12-31$1,300
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$157,705
Value of net assets at end of year (total assets less liabilities)2016-12-31$2,370,378
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$2,212,673
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$1,704,590
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$1,618,020
Interest on participant loans2016-12-31$1,963
Value of interest in common/collective trusts at end of year2016-12-31$633,701
Value of interest in common/collective trusts at beginning of year2016-12-31$568,648
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$56,202
Net investment gain or loss from common/collective trusts2016-12-31$50,047
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$26,021
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$259,395
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 name2016-12-31MCMILLAN, PATE & COMPANY, LLP
Accountancy firm EIN2016-12-31561945391
2015 : XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total transfer of assets to this plan2015-12-31$0
Total transfer of assets from this plan2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$267,239
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$765,729
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$664,209
Expenses. Certain deemed distributions of participant loans2015-12-31$99,641
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$276,511
Value of total assets at end of year2015-12-31$2,212,673
Value of total assets at beginning of year2015-12-31$2,711,163
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$1,879
Total interest from all sources2015-12-31$2,103
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$99,113
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$99,113
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$272,000
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$247,291
Participant contributions at end of year2015-12-31$26,005
Participant contributions at beginning of year2015-12-31$130,895
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$2,730
Administrative expenses (other) incurred2015-12-31$1,879
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-498,490
Value of net assets at end of year (total assets less liabilities)2015-12-31$2,212,673
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$2,711,163
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$1,618,020
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$2,131,532
Interest on participant loans2015-12-31$2,103
Value of interest in common/collective trusts at end of year2015-12-31$568,648
Value of interest in common/collective trusts at beginning of year2015-12-31$448,736
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-106,982
Net investment gain or loss from common/collective trusts2015-12-31$-3,506
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
Contributions received in cash from employer2015-12-31$26,490
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$664,209
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 name2015-12-31MCMILLAN, PATE & COMPANY, L.L.P.
Accountancy firm EIN2015-12-31561945391
2014 : XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total transfer of assets to this plan2014-12-31$0
Total transfer of assets from this plan2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$4,742
Total income from all sources (including contributions)2014-12-31$434,397
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$596,856
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$595,756
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$263,725
Value of total assets at end of year2014-12-31$2,711,163
Value of total assets at beginning of year2014-12-31$2,878,364
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$1,100
Total interest from all sources2014-12-31$7,676
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$104,186
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$104,186
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$288,000
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$231,911
Participant contributions at end of year2014-12-31$130,895
Participant contributions at beginning of year2014-12-31$133,227
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$2,241
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$4,742
Administrative expenses (other) incurred2014-12-31$1,100
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-162,459
Value of net assets at end of year (total assets less liabilities)2014-12-31$2,711,163
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$2,873,622
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$2,131,532
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$2,254,334
Interest on participant loans2014-12-31$7,676
Value of interest in common/collective trusts at end of year2014-12-31$448,736
Value of interest in common/collective trusts at beginning of year2014-12-31$490,803
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$38,017
Net investment gain or loss from common/collective trusts2014-12-31$20,793
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
Contributions received in cash from employer2014-12-31$29,573
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$595,756
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 name2014-12-31MCMILLAN PATE & COMPANY LLP
Accountancy firm EIN2014-12-31561945391
2013 : XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$934,379
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$459,388
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$454,892
Value of total corrective distributions2013-12-31$3,496
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$448,920
Value of total assets at end of year2013-12-31$2,878,364
Value of total assets at beginning of year2013-12-31$2,403,373
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$1,000
Total interest from all sources2013-12-31$6,148
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$61,034
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$61,034
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$241,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$330,556
Participant contributions at end of year2013-12-31$133,227
Participant contributions at beginning of year2013-12-31$108,300
Participant contributions at beginning of year2013-12-31$8,497
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$73,892
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$4,742
Administrative expenses (other) incurred2013-12-31$1,000
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$474,991
Value of net assets at end of year (total assets less liabilities)2013-12-31$2,878,364
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$2,403,373
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$2,254,334
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$2,053,866
Interest on participant loans2013-12-31$6,148
Value of interest in common/collective trusts at end of year2013-12-31$490,803
Value of interest in common/collective trusts at beginning of year2013-12-31$231,388
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$365,612
Net investment gain or loss from common/collective trusts2013-12-31$52,665
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 contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$44,472
Employer contributions (assets) at beginning of year2013-12-31$1,322
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$454,892
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 name2013-12-31MCMILLAN, PATE & COMPANY, L.L.P.
Accountancy firm EIN2013-12-31561945391
2012 : XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$688,872
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$329,321
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$327,472
Value of total corrective distributions2012-12-31$174
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$424,324
Value of total assets at end of year2012-12-31$2,403,373
Value of total assets at beginning of year2012-12-31$2,043,822
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$1,675
Total interest from all sources2012-12-31$4,763
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$48,487
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$48,487
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$205,000
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$371,694
Participant contributions at end of year2012-12-31$108,300
Participant contributions at beginning of year2012-12-31$76,840
Participant contributions at end of year2012-12-31$8,497
Participant contributions at beginning of year2012-12-31$8,485
Other income not declared elsewhere2012-12-31$48
Administrative expenses (other) incurred2012-12-31$1,675
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$359,551
Value of net assets at end of year (total assets less liabilities)2012-12-31$2,403,373
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$2,043,822
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$2,053,866
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$1,798,952
Interest on participant loans2012-12-31$4,763
Value of interest in common/collective trusts at end of year2012-12-31$231,388
Value of interest in common/collective trusts at beginning of year2012-12-31$158,264
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$203,145
Net investment gain or loss from common/collective trusts2012-12-31$8,105
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 contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$52,630
Employer contributions (assets) at end of year2012-12-31$1,322
Employer contributions (assets) at beginning of year2012-12-31$1,281
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$327,472
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 name2012-12-31MCMILLAN, PATE & COMPANY, L.L.P.
Accountancy firm EIN2012-12-31561945391
2011 : XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2011 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$27,587
Total income from all sources (including contributions)2011-12-31$344,556
Total of all expenses incurred2011-12-31$68,580
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$65,718
Expenses. Certain deemed distributions of participant loans2011-12-31$1,085
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$379,260
Value of total assets at end of year2011-12-31$2,043,822
Value of total assets at beginning of year2011-12-31$1,795,433
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$1,777
Total interest from all sources2011-12-31$3,720
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$40,631
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$40,631
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$177,000
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$332,992
Participant contributions at end of year2011-12-31$76,840
Participant contributions at beginning of year2011-12-31$61,994
Participant contributions at end of year2011-12-31$8,485
Participant contributions at beginning of year2011-12-31$5,973
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$3,488
Administrative expenses (other) incurred2011-12-31$1,777
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$275,976
Value of net assets at end of year (total assets less liabilities)2011-12-31$2,043,822
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$1,767,846
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$1,798,952
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$1,591,502
Interest on participant loans2011-12-31$3,720
Value of interest in common/collective trusts at end of year2011-12-31$158,264
Value of interest in common/collective trusts at beginning of year2011-12-31$135,025
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-80,817
Net investment gain or loss from common/collective trusts2011-12-31$1,762
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$42,780
Employer contributions (assets) at end of year2011-12-31$1,281
Employer contributions (assets) at beginning of year2011-12-31$939
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$65,718
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$27,587
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 name2011-12-31MCMILLAN, PATE & COMPANY, L.L.P.
Accountancy firm EIN2011-12-31561945391
2010 : XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$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
Total income from all sources (including contributions)2010-12-31$551,982
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$59,694
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$58,656
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$366,525
Value of total assets at end of year2010-12-31$1,788,521
Value of total assets at beginning of year2010-12-31$1,296,233
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$1,038
Total interest from all sources2010-12-31$133
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$20,613
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$20,613
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$130,000
If this is an individual account plan, was there a blackout period2010-12-31Yes
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$284,507
Participant contributions at end of year2010-12-31$61,994
Participant contributions at beginning of year2010-12-31$56,639
Participant contributions at end of year2010-12-31$5,973
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$41,397
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$939
Administrative expenses (other) incurred2010-12-31$1,038
Liabilities. Value of operating payables at beginning of year2010-12-31$3,518
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$492,288
Value of net assets at end of year (total assets less liabilities)2010-12-31$1,788,521
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$1,296,233
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$1,591,502
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$1,102,098
Interest on participant loans2010-12-31$133
Value of interest in common/collective trusts at end of year2010-12-31$135,025
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$137,496
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$137,496
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$163,764
Net investment gain or loss from common/collective trusts2010-12-31$947
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 contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$40,621
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$58,656
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31Yes
Liabilities. Value of benefit claims payable at end of year2010-12-31$27,587
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
Liabilities. Value of acquisition indebtedness at beginning of year2010-12-31$16,527
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 name2010-12-31BOUYCE, FURR AND COMPANY
Accountancy firm EIN2010-12-31562195600
2009 : XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST

2016: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 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: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 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: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 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: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedYes
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: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedYes
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: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: XCHANGE TECHNOLOGY GROUP 401(K) PROFIT SHARING PLAN & TRUST 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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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