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CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameCONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN
Plan identification number 001

CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

CONVERGENT RESOURCES, INC. has sponsored the creation of one or more 401k plans.

Company Name:CONVERGENT RESOURCES, INC.
Employer identification number (EIN):582418443
NAIC Classification:522300
NAIC Description: Activities Related to Credit Intermediation

Additional information about CONVERGENT RESOURCES, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1987-12-03
Company Identification Number: K05147
Legal Registered Office Address: 113 TIPPERARY DRIVE

LAKE MARY

32746

More information about CONVERGENT RESOURCES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01EDGAR NINOUS POURESHAGH
0012014-01-01CHANTAL WASHINGTON
0012013-01-01LISA JONES LISA JONES2014-10-14
0012012-01-01TERRI WOOD TERRI WOOD2013-10-14
0012011-01-01TERESA WOOD TERESA WOOD2012-10-15
0012009-01-01TERRI WOOD

Plan Statistics for CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN

Measure Date Value
2015: CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-013,482
Total number of active participants reported on line 7a of the Form 55002015-01-012,311
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01336
Total of all active and inactive participants2015-01-012,647
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-012,647
Number of participants with account balances2015-01-011,933
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-012,982
Total number of active participants reported on line 7a of the Form 55002014-01-012,944
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01538
Total of all active and inactive participants2014-01-013,482
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-013,482
Number of participants with account balances2014-01-012,209
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-013,729
Total number of active participants reported on line 7a of the Form 55002013-01-012,565
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-01338
Total of all active and inactive participants2013-01-012,903
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-012,904
Number of participants with account balances2013-01-012,176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-013,566
Total number of active participants reported on line 7a of the Form 55002012-01-012,488
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-011,241
Total of all active and inactive participants2012-01-013,729
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-013,729
Number of participants with account balances2012-01-012,782
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-014
2011: CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-012,766
Total number of active participants reported on line 7a of the Form 55002011-01-012,631
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01935
Total of all active and inactive participants2011-01-013,566
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-013,566
Number of participants with account balances2011-01-012,439
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-012
2009: CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01835
Total number of active participants reported on line 7a of the Form 55002009-01-01843
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-01275
Total of all active and inactive participants2009-01-011,119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-011,119
Number of participants with account balances2009-01-011,119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0136

Financial Data on CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN

Measure Date Value
2015 : CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$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$2,693,544
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$2,573,751
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$2,397,950
Expenses. Certain deemed distributions of participant loans2015-12-31$20,776
Value of total corrective distributions2015-12-31$53,402
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$2,731,479
Value of total assets at end of year2015-12-31$16,211,390
Value of total assets at beginning of year2015-12-31$16,091,597
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$101,623
Total interest from all sources2015-12-31$25,836
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$786,068
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$786,068
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$5,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$1,919,152
Participant contributions at end of year2015-12-31$537,175
Participant contributions at beginning of year2015-12-31$492,762
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$171,817
Other income not declared elsewhere2015-12-31$13,034
Administrative expenses (other) incurred2015-12-31$101,623
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$119,793
Value of net assets at end of year (total assets less liabilities)2015-12-31$16,211,390
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$16,091,597
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$15,674,215
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$15,598,835
Interest on participant loans2015-12-31$25,836
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-862,873
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$640,510
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$2,397,950
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 name2015-12-31GREEN HASSON & JANKS LLP
Accountancy firm EIN2015-12-31951777440
2014 : CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$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$0
Total income from all sources (including contributions)2014-12-31$3,242,843
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$1,558,595
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$1,418,723
Expenses. Certain deemed distributions of participant loans2014-12-31$2,147
Value of total corrective distributions2014-12-31$58,010
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$2,135,976
Value of total assets at end of year2014-12-31$16,091,597
Value of total assets at beginning of year2014-12-31$14,407,349
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$79,715
Total interest from all sources2014-12-31$24,290
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$815,572
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$815,572
Was this plan covered by a fidelity bond2014-12-31No
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$1,863,122
Participant contributions at end of year2014-12-31$492,762
Participant contributions at beginning of year2014-12-31$431,272
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$272,854
Other income not declared elsewhere2014-12-31$1,377
Administrative expenses (other) incurred2014-12-31$79,715
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$1,684,248
Value of net assets at end of year (total assets less liabilities)2014-12-31$16,091,597
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$14,407,349
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$15,598,835
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$13,976,077
Interest on participant loans2014-12-31$24,290
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$265,628
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$1,418,723
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 name2014-12-31FRAZIER & DEETER, LLC
Accountancy firm EIN2014-12-31581433845
2013 : CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 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$33,751
Total income from all sources (including contributions)2013-12-31$4,288,803
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$2,101,397
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,947,050
Expenses. Certain deemed distributions of participant loans2013-12-31$519
Value of total corrective distributions2013-12-31$39,029
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,605,505
Value of total assets at end of year2013-12-31$14,407,349
Value of total assets at beginning of year2013-12-31$12,253,694
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$114,799
Total interest from all sources2013-12-31$22,176
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$475,921
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$475,921
Was this plan covered by a fidelity bond2013-12-31No
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$1,605,505
Participant contributions at end of year2013-12-31$431,272
Participant contributions at beginning of year2013-12-31$408,000
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$33,751
Other income not declared elsewhere2013-12-31$2,741
Administrative expenses (other) incurred2013-12-31$114,799
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$2,187,406
Value of net assets at end of year (total assets less liabilities)2013-12-31$14,407,349
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$12,219,943
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$13,976,077
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$11,845,694
Interest on participant loans2013-12-31$22,176
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$2,182,460
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,947,050
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 name2013-12-31FRAZIER & DEETER, LLC
Accountancy firm EIN2013-12-31581433845
2012 : CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 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$33,751
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$75,015
Total income from all sources (including contributions)2012-12-31$2,959,789
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$1,478,873
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$1,376,518
Value of total corrective distributions2012-12-31$33,751
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,626,575
Value of total assets at end of year2012-12-31$12,253,694
Value of total assets at beginning of year2012-12-31$10,814,042
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$68,604
Total interest from all sources2012-12-31$20,029
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$237,136
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$237,136
Was this plan covered by a fidelity bond2012-12-31No
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$1,574,301
Participant contributions at end of year2012-12-31$408,000
Participant contributions at beginning of year2012-12-31$337,868
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$52,274
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$33,751
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$52,515
Other income not declared elsewhere2012-12-31$9,713
Administrative expenses (other) incurred2012-12-31$68,604
Liabilities. Value of operating payables at beginning of year2012-12-31$22,500
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$1,480,916
Value of net assets at end of year (total assets less liabilities)2012-12-31$12,219,943
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$10,739,027
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$11,845,694
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$10,476,174
Interest on participant loans2012-12-31$20,029
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$1,066,336
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$1,376,518
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 name2012-12-31FRAZIER & DEETER, LLC
Accountancy firm EIN2012-12-31581433845
2011 : CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$75,015
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$125,344
Total income from all sources (including contributions)2011-12-31$1,394,570
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$589,367
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$389,497
Value of total corrective distributions2011-12-31$168,888
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,506,398
Value of total assets at end of year2011-12-31$10,814,042
Value of total assets at beginning of year2011-12-31$10,059,168
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$30,982
Total interest from all sources2011-12-31$20,285
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$238,176
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$238,176
Was this plan covered by a fidelity bond2011-12-31No
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$1,472,513
Participant contributions at end of year2011-12-31$337,868
Participant contributions at beginning of year2011-12-31$404,437
Participant contributions at beginning of year2011-12-31$36,586
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$33,885
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$52,515
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$103,344
Administrative expenses (other) incurred2011-12-31$30,982
Liabilities. Value of operating payables at end of year2011-12-31$22,500
Liabilities. Value of operating payables at beginning of year2011-12-31$22,000
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$805,203
Value of net assets at end of year (total assets less liabilities)2011-12-31$10,739,027
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$9,933,824
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$10,476,174
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$9,618,145
Interest on participant loans2011-12-31$20,285
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-370,289
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$389,497
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 name2011-12-31FRAZIER & DEETER, LLC
Accountancy firm EIN2011-12-31581433845
2010 : CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 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$125,344
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$247,515
Total income from all sources (including contributions)2010-12-31$2,337,114
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$1,396,204
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,343,824
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,213,070
Value of total assets at end of year2010-12-31$10,059,168
Value of total assets at beginning of year2010-12-31$9,240,429
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$52,380
Total interest from all sources2010-12-31$18,091
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$170,200
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$170,200
Was this plan covered by a fidelity bond2010-12-31No
If this is an individual account plan, was there a blackout period2010-12-31No
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$1,209,825
Participant contributions at end of year2010-12-31$404,437
Participant contributions at beginning of year2010-12-31$289,331
Participant contributions at end of year2010-12-31$36,586
Participant contributions at beginning of year2010-12-31$31,474
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$3,245
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$103,344
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$164,515
Liabilities. Value of operating payables at end of year2010-12-31$22,000
Liabilities. Value of operating payables at beginning of year2010-12-31$83,000
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$940,910
Value of net assets at end of year (total assets less liabilities)2010-12-31$9,933,824
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$8,992,914
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
Investment advisory and management fees2010-12-31$52,380
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$9,618,145
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$8,919,624
Interest on participant loans2010-12-31$18,091
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$935,753
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,343,824
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
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 name2010-12-31FRAZIER & DEETER, LLC
Accountancy firm EIN2010-12-31581433845

Form 5500 Responses for CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN

2015: CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 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: CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 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: CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
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: CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
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: CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: CONVERGENT RESOURCES, INC. RETIREMENT SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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