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Plan Name | THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO TEM SYSTEMS, INC. |
Plan identification number | 004 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | TEM SYSTEMS INC |
Employer identification number (EIN): | 591143162 |
NAIC Classification: | 561600 |
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
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004 | 2020-01-01 | TERRANCE P. POWER | 2021-10-13 | ||
004 | 2019-01-01 | LEE D. VOGT | 2020-10-12 |
Measure | Date | Value |
---|---|---|
2020: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO TEM SYSTEMS, INC. 2020 401k membership | ||
Total participants, beginning-of-year | 2020-01-01 | 21 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 21 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 0 |
Total of all active and inactive participants | 2020-01-01 | 21 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 21 |
Number of participants with account balances | 2020-01-01 | 15 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
2019: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO TEM SYSTEMS, INC. 2019 401k membership | ||
Total participants, beginning-of-year | 2019-01-01 | 0 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 21 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 0 |
Total of all active and inactive participants | 2019-01-01 | 21 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 0 |
Total participants | 2019-01-01 | 21 |
Number of participants with account balances | 2019-01-01 | 21 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2020 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO TEM SYSTEMS, INC. 2020 401k financial data | ||
Total income from all sources | 2020-12-31 | $219,518 |
Expenses. Total of all expenses incurred | 2020-12-31 | $17,437 |
Benefits paid (including direct rollovers) | 2020-12-31 | $3,109 |
Total plan assets at end of year | 2020-12-31 | $1,476,783 |
Total plan assets at beginning of year | 2020-12-31 | $1,274,702 |
Total contributions received or receivable from participants | 2020-12-31 | $66,742 |
Other income received | 2020-12-31 | $152,776 |
Net income (gross income less expenses) | 2020-12-31 | $202,081 |
Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $1,476,783 |
Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $1,274,702 |
Assets. Value of participant loans | 2020-12-31 | $42,306 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $14,328 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
2019 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO TEM SYSTEMS, INC. 2019 401k financial data | ||
Total income from all sources | 2019-12-31 | $1,776,811 |
Expenses. Total of all expenses incurred | 2019-12-31 | $502,109 |
Benefits paid (including direct rollovers) | 2019-12-31 | $491,540 |
Total plan assets at end of year | 2019-12-31 | $1,274,702 |
Total plan assets at beginning of year | 2019-12-31 | $0 |
Total contributions received or receivable from participants | 2019-12-31 | $52,202 |
Contributions received from other sources (not participants or employers) | 2019-12-31 | $1,615,801 |
Other income received | 2019-12-31 | $108,284 |
Net income (gross income less expenses) | 2019-12-31 | $1,274,702 |
Net plan assets at end of year (total assets less liabilities) | 2019-12-31 | $1,274,702 |
Net plan assets at beginning of year (total assets less liabilities) | 2019-12-31 | $0 |
Assets. Value of participant loans | 2019-12-31 | $59,703 |
Total contributions received or receivable from employer(s) | 2019-12-31 | $524 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2019-12-31 | $10,569 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
2020: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO TEM SYSTEMS, INC. 2020 form 5500 responses | ||
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2020-01-01 | Type of plan entity | Mulitple employer plan |
2020-01-01 | Submission has been amended | No |
2020-01-01 | This submission is the final filing | No |
2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2020-01-01 | Plan is a collectively bargained plan | No |
2020-01-01 | Plan funding arrangement – Insurance | Yes |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |
2019: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO TEM SYSTEMS, INC. 2019 form 5500 responses | ||
2019-01-01 | Type of plan entity | Mulitple employer plan |
2019-01-01 | First time form 5500 has been submitted | Yes |
2019-01-01 | Submission has been amended | No |
2019-01-01 | This submission is the final filing | No |
2019-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2019-01-01 | Plan is a collectively bargained plan | No |
2019-01-01 | Plan funding arrangement – Insurance | Yes |
2019-01-01 | Plan funding arrangement – Trust | Yes |
2019-01-01 | Plan benefit arrangement - Trust | Yes |
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 ) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy contract number | 138535 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy instance | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 ) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy contract number | 138535 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy instance | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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