401k Plan data: VERTICAL SYSTEMS, INC. 401(K) PLAN plan

VERTICAL SYSTEMS, INC. 401(K) PLAN 401k Plan overview

Plan Name	VERTICAL SYSTEMS, INC. 401(K) PLAN
Plan identification number	001

VERTICAL SYSTEMS, INC. 401(K) PLAN Benefits

401k Plan Type

Defined 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

VERTICAL SYSTEMS INCORPORATED has sponsored the creation of one or more 401k plans.

Company Name: VERTICAL SYSTEMS INCORPORATED

Employer identification number (EIN): 582512278

NAIC Classification: 812990
NAIC Description: All Other Personal Services

Additional information about VERTICAL SYSTEMS INCORPORATED

Jurisdiction of Incorporation: Georgia Department of States Corporations Division

Incorporation Date:

Company Identification Number: 10823

More information about VERTICAL SYSTEMS INCORPORATED

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VERTICAL SYSTEMS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2019-01-01 PATRICK HARDISON 2020-08-01
001 2018-01-01 PATRICK HARDISON 2019-09-11
001 2017-01-01 PATRICK HARDISON 2018-09-14
001 2016-01-01 PATRICK HARDISON 2017-09-05
001 2015-01-01 PATRICK HARDISON 2016-07-21
001 2014-01-01 PATRICK HARDISON
001 2013-01-01 ROBERT HARDISON
001 2012-01-01 ROBERT HARDISON
001 2011-01-01 ROBERT HARDISON
001 2010-01-01 ROBERT HARDISON
001 2009-01-01 ROBERT HARDISON
001 2009-01-01 ROBERT HARDISON 2010-07-27

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2019-01-01	PATRICK HARDISON	2020-08-01
001	2018-01-01	PATRICK HARDISON	2019-09-11
001	2017-01-01	PATRICK HARDISON	2018-09-14
001	2016-01-01	PATRICK HARDISON	2017-09-05
001	2015-01-01	PATRICK HARDISON	2016-07-21
001	2014-01-01	PATRICK HARDISON
001	2013-01-01	ROBERT HARDISON
001	2012-01-01	ROBERT HARDISON
001	2011-01-01	ROBERT HARDISON
001	2010-01-01	ROBERT HARDISON
001	2009-01-01	ROBERT HARDISON
001	2009-01-01			ROBERT HARDISON	2010-07-27

Plan Statistics for VERTICAL SYSTEMS, INC. 401(K) PLAN

401k plan membership statisitcs for VERTICAL SYSTEMS, INC. 401(K) PLAN

Measure Date Value
2014: VERTICAL SYSTEMS, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 8
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 9
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 9
Number of participants with account balances 2014-01-01 9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: VERTICAL SYSTEMS, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 11
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 11
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 11
Number of participants with account balances 2013-01-01 9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: VERTICAL SYSTEMS, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 12
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 11
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 11
Number of participants with account balances 2012-01-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: VERTICAL SYSTEMS, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 14
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 12
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 12
Number of participants with account balances 2011-01-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: VERTICAL SYSTEMS, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 14
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 14
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 0
Total of all active and inactive participants 2010-01-01 14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 14
Number of participants with account balances 2010-01-01 11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: VERTICAL SYSTEMS, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 15
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 14
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 14
Number of participants with account balances 2009-01-01 11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2014: VERTICAL SYSTEMS, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	8
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	9
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	9
Number of participants with account balances	2014-01-01	9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: VERTICAL SYSTEMS, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	11
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	11
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	11
Number of participants with account balances	2013-01-01	9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: VERTICAL SYSTEMS, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	12
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	11
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	11
Number of participants with account balances	2012-01-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: VERTICAL SYSTEMS, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	14
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	12
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	12
Number of participants with account balances	2011-01-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: VERTICAL SYSTEMS, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	14
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	14
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	0
Total of all active and inactive participants	2010-01-01	14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	14
Number of participants with account balances	2010-01-01	11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: VERTICAL SYSTEMS, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	15
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	14
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	14
Number of participants with account balances	2009-01-01	11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on VERTICAL SYSTEMS, INC. 401(K) PLAN

Measure	Date	Value
2014 : VERTICAL SYSTEMS, INC. 401(K) PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$107,066
Expenses. Total of all expenses incurred	2014-12-31	$23,987
Benefits paid (including direct rollovers)	2014-12-31	$22,313
Total plan assets at end of year	2014-12-31	$1,113,056
Total plan assets at beginning of year	2014-12-31	$1,029,977
Value of fidelity bond covering the plan	2014-12-31	$150,000
Total contributions received or receivable from participants	2014-12-31	$44,273
Expenses. Other expenses not covered elsewhere	2014-12-31	$1,674
Other income received	2014-12-31	$61,277
Net income (gross income less expenses)	2014-12-31	$83,079
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,113,056
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,029,977
Assets. Value of participant loans	2014-12-31	$28,478
Total contributions received or receivable from employer(s)	2014-12-31	$1,516
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : VERTICAL SYSTEMS, INC. 401(K) PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$271,387
Expenses. Total of all expenses incurred	2013-12-31	$237,267
Benefits paid (including direct rollovers)	2013-12-31	$237,267
Total plan assets at end of year	2013-12-31	$1,029,977
Total plan assets at beginning of year	2013-12-31	$995,857
Value of fidelity bond covering the plan	2013-12-31	$10,000
Total contributions received or receivable from participants	2013-12-31	$35,826
Other income received	2013-12-31	$229,312
Net income (gross income less expenses)	2013-12-31	$34,120
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,029,977
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$995,857
Assets. Value of participant loans	2013-12-31	$63,658
Total contributions received or receivable from employer(s)	2013-12-31	$6,249
2012 : VERTICAL SYSTEMS, INC. 401(K) PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$183,807
Expenses. Total of all expenses incurred	2012-12-31	$10,432
Benefits paid (including direct rollovers)	2012-12-31	$10,432
Total plan assets at end of year	2012-12-31	$995,857
Total plan assets at beginning of year	2012-12-31	$822,482
Value of fidelity bond covering the plan	2012-12-31	$10,000
Total contributions received or receivable from participants	2012-12-31	$51,753
Other income received	2012-12-31	$100,665
Net income (gross income less expenses)	2012-12-31	$173,375
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$995,857
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$822,482
Assets. Value of participant loans	2012-12-31	$116,229
Total contributions received or receivable from employer(s)	2012-12-31	$31,389
2011 : VERTICAL SYSTEMS, INC. 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$71,131
Expenses. Total of all expenses incurred	2011-12-31	$258,765
Benefits paid (including direct rollovers)	2011-12-31	$258,765
Total plan assets at end of year	2011-12-31	$822,482
Total plan assets at beginning of year	2011-12-31	$1,010,116
Value of fidelity bond covering the plan	2011-12-31	$10,000
Total contributions received or receivable from participants	2011-12-31	$49,032
Other income received	2011-12-31	$-9,477
Net income (gross income less expenses)	2011-12-31	$-187,634
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$822,482
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,010,116
Assets. Value of participant loans	2011-12-31	$93,339
Total contributions received or receivable from employer(s)	2011-12-31	$31,576
2010 : VERTICAL SYSTEMS, INC. 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$203,670
Expenses. Total of all expenses incurred	2010-12-31	$42,443
Benefits paid (including direct rollovers)	2010-12-31	$42,443
Total plan assets at end of year	2010-12-31	$1,010,116
Total plan assets at beginning of year	2010-12-31	$848,889
Value of fidelity bond covering the plan	2010-12-31	$10,000
Total contributions received or receivable from participants	2010-12-31	$54,509
Other income received	2010-12-31	$114,806
Net income (gross income less expenses)	2010-12-31	$161,227
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,010,116
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$848,889
Assets. Value of participant loans	2010-12-31	$126,801
Total contributions received or receivable from employer(s)	2010-12-31	$34,355

Form 5500 Responses for VERTICAL SYSTEMS, INC. 401(K) PLAN

2014: VERTICAL SYSTEMS, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: VERTICAL SYSTEMS, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: VERTICAL SYSTEMS, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: VERTICAL SYSTEMS, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: VERTICAL SYSTEMS, INC. 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: VERTICAL SYSTEMS, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	VERTICAL SYSTEMS INCORPORATED
Employer identification number (EIN):	582512278
NAIC Classification:	812990
NAIC Description:	All Other Personal Services

Jurisdiction of Incorporation:	Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number:	10823