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Plan Name | SYSTEM SERVICES BROADBAND PROFIT SHARING 401K PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | SYSTEM SERVICES BROADBAND, INC. |
Employer identification number (EIN): | 721469818 |
NAIC Classification: | 221300 |
Additional information about SYSTEM SERVICES BROADBAND, INC.
Jurisdiction of Incorporation: | Texas Secretary of State |
Incorporation Date: | 2009-10-23 |
Company Identification Number: | 0801185481 |
Legal Registered Office Address: |
1830 W WILLOW ST SCOTT United States of America (USA) 70583 |
More information about SYSTEM SERVICES BROADBAND, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2022-01-01 | ||||
001 | 2021-01-01 | ||||
001 | 2020-01-01 | ||||
001 | 2019-01-01 | DEBRA CARBO | 2020-03-23 | ||
001 | 2018-01-01 | DEBRA CARBO | 2019-03-27 | ||
001 | 2017-01-01 | DEBRA CARBO | 2018-04-19 | ||
001 | 2016-01-01 | DEBRA CARBO | 2017-04-05 | ||
001 | 2015-01-01 | DEBRA CARBO | 2016-01-28 | ||
001 | 2014-01-01 | DEBRA CARBO | 2015-04-24 | ||
001 | 2013-01-01 | DEBRA CARBO | 2014-04-11 | ||
001 | 2012-01-01 | DEBRA CARBO | 2013-04-03 | ||
001 | 2011-01-01 | DEBRA CARBO | 2012-02-13 | ||
001 | 2010-01-01 | DEBRA CARBO | 2011-02-07 |
Measure | Date | Value |
---|---|---|
2022: SYSTEM SERVICES BROADBAND PROFIT SHARING 401K PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 152 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 122 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 23 |
Total of all active and inactive participants | 2022-01-01 | 145 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 145 |
Number of participants with account balances | 2022-01-01 | 110 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 17 |
2021: SYSTEM SERVICES BROADBAND PROFIT SHARING 401K PLAN 2021 401k membership | ||
Total participants, beginning-of-year | 2021-01-01 | 155 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 119 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 23 |
Total of all active and inactive participants | 2021-01-01 | 142 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 142 |
Number of participants with account balances | 2021-01-01 | 110 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 13 |
2020: SYSTEM SERVICES BROADBAND PROFIT SHARING 401K PLAN 2020 401k membership | ||
Total participants, beginning-of-year | 2020-01-01 | 130 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 110 |
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 | 24 |
Total of all active and inactive participants | 2020-01-01 | 134 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 134 |
Number of participants with account balances | 2020-01-01 | 106 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 22 |
Measure | Date | Value |
---|---|---|
2022 : SYSTEM SERVICES BROADBAND PROFIT SHARING 401K PLAN 2022 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-871,186 |
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-871,186 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $6,014 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $20 |
Total income from all sources (including contributions) | 2022-12-31 | $-270,099 |
Total loss/gain on sale of assets | 2022-12-31 | $-103,706 |
Total of all expenses incurred | 2022-12-31 | $174,240 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $141,611 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $501,352 |
Value of total assets at end of year | 2022-12-31 | $4,709,875 |
Value of total assets at beginning of year | 2022-12-31 | $5,148,220 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $32,629 |
Total interest from all sources | 2022-12-31 | $1,204 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $67,359 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $346,192 |
Participant contributions at end of year | 2022-12-31 | $19,480 |
Participant contributions at beginning of year | 2022-12-31 | $20,175 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $2,295 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $67 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $6,014 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $20 |
Other income not declared elsewhere | 2022-12-31 | $134,878 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-444,339 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $4,703,861 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $5,148,200 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $32,629 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $3,639,346 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $4,138,549 |
Interest on participant loans | 2022-12-31 | $1,142 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $110,116 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $73,574 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $73,574 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $62 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $155,160 |
Employer contributions (assets) at end of year | 2022-12-31 | $31,423 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $79,111 |
Income. Dividends from common stock | 2022-12-31 | $67,359 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $141,611 |
Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $907,215 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $836,744 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Aggregate proceeds on sale of assets | 2022-12-31 | $1,265,830 |
Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $1,369,536 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | HARTIENS & FAULK, CPAS |
Accountancy firm EIN | 2022-12-31 | 721156322 |
2021 : SYSTEM SERVICES BROADBAND PROFIT SHARING 401K PLAN 2021 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $413,474 |
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $413,474 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $20 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $1,263 |
Total income from all sources (including contributions) | 2021-12-31 | $1,202,998 |
Total loss/gain on sale of assets | 2021-12-31 | $-641 |
Total of all expenses incurred | 2021-12-31 | $140,220 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $108,949 |
Value of total corrective distributions | 2021-12-31 | $52 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $483,247 |
Value of total assets at end of year | 2021-12-31 | $5,148,220 |
Value of total assets at beginning of year | 2021-12-31 | $4,086,685 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $31,219 |
Total interest from all sources | 2021-12-31 | $1,488 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $67,520 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $57,959 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $294,964 |
Participant contributions at end of year | 2021-12-31 | $20,175 |
Participant contributions at beginning of year | 2021-12-31 | $28,137 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $67 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $20 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $1,263 |
Other income not declared elsewhere | 2021-12-31 | $237,910 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $1,062,778 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $5,148,200 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $4,085,422 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $31,219 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $4,138,549 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $3,205,739 |
Interest on participant loans | 2021-12-31 | $1,481 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $73,574 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $42,081 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $42,081 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $7 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $188,283 |
Employer contributions (assets) at end of year | 2021-12-31 | $79,111 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $150,329 |
Income. Dividends from common stock | 2021-12-31 | $9,561 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $108,949 |
Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $836,744 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $660,399 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Aggregate proceeds on sale of assets | 2021-12-31 | $318,013 |
Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $318,654 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | HARTIENS & FAULK, CPAS |
Accountancy firm EIN | 2021-12-31 | 721156322 |
2020 : SYSTEM SERVICES BROADBAND PROFIT SHARING 401K PLAN 2020 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $640,313 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $640,313 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $1,263 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $994,555 |
Total loss/gain on sale of assets | 2020-12-31 | $-231,830 |
Total of all expenses incurred | 2020-12-31 | $499,898 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $477,064 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $485,476 |
Value of total assets at end of year | 2020-12-31 | $4,086,685 |
Value of total assets at beginning of year | 2020-12-31 | $3,590,765 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $22,834 |
Total interest from all sources | 2020-12-31 | $1,949 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $47,948 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $40,899 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $410,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $284,446 |
Participant contributions at end of year | 2020-12-31 | $28,137 |
Participant contributions at beginning of year | 2020-12-31 | $36,800 |
Participant contributions at end of year | 2020-12-31 | $0 |
Participant contributions at beginning of year | 2020-12-31 | $48,618 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,565 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $67 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $1,263 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
Other income not declared elsewhere | 2020-12-31 | $50,699 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $494,657 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $4,085,422 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,590,765 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $22,834 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $3,205,739 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $3,390,577 |
Interest on participant loans | 2020-12-31 | $1,936 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $42,081 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $62,678 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $62,678 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $13 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $199,465 |
Employer contributions (assets) at end of year | 2020-12-31 | $150,329 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $52,025 |
Income. Dividends from common stock | 2020-12-31 | $7,049 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $477,064 |
Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $660,399 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $0 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Aggregate proceeds on sale of assets | 2020-12-31 | $1,899,521 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $2,131,351 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | HARTIENS & FAULK, CPAS |
Accountancy firm EIN | 2020-12-31 | 721156322 |
2022: SYSTEM SERVICES BROADBAND PROFIT SHARING 401K PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Submission has been amended | No |
2022-01-01 | This submission is the final filing | No |
2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-01-01 | Plan is a collectively bargained plan | No |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2021: SYSTEM SERVICES BROADBAND PROFIT SHARING 401K PLAN 2021 form 5500 responses | ||
2021-01-01 | Type of plan entity | Single employer plan |
2021-01-01 | Submission has been amended | No |
2021-01-01 | This submission is the final filing | No |
2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2021-01-01 | Plan is a collectively bargained plan | No |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: SYSTEM SERVICES BROADBAND PROFIT SHARING 401K PLAN 2020 form 5500 responses | ||
2020-01-01 | Type of plan entity | Single 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 – Trust | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |