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

TELENETWORK, INC. 401(K) PLAN 401k Plan overview

Plan Name	TELENETWORK, INC. 401(K) PLAN
Plan identification number	002

TELENETWORK, 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.
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

TELE NETWORK, INC. has sponsored the creation of one or more 401k plans.

Company Name: TELE NETWORK, INC.

Employer identification number (EIN): 742662819

NAIC Classification: 561420

Additional information about TELE NETWORK, INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 1993-01-14

Company Identification Number: 0125655800

Legal Registered Office Address: 350 BARNES DR STE 109

SAN MARCOS
United States of America (USA)
78666

More information about TELE NETWORK, INC.

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01

Plan Statistics for TELENETWORK, INC. 401(K) PLAN

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

Measure Date Value
2022: TELENETWORK, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 1,132
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 779
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 39
Total of all active and inactive participants 2022-01-01 818
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 1
Total participants 2022-01-01 819
Number of participants with account balances 2022-01-01 295
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: TELENETWORK, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 837
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 977
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 43
Total of all active and inactive participants 2021-01-01 1,020
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 1,021
Number of participants with account balances 2021-01-01 284
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: TELENETWORK, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 817
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 784
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 26
Total of all active and inactive participants 2020-01-01 810
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 1
Total participants 2020-01-01 811
Number of participants with account balances 2020-01-01 255
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: TELENETWORK, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 875
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 759
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 33
Total of all active and inactive participants 2019-01-01 792
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 1
Total participants 2019-01-01 793
Number of participants with account balances 2019-01-01 267
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: TELENETWORK, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 1,046
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 833
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 28
Total of all active and inactive participants 2018-01-01 861
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 1
Total participants 2018-01-01 862
Number of participants with account balances 2018-01-01 267
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0

Measure	Date	Value
2022: TELENETWORK, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	1,132
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	779
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	39
Total of all active and inactive participants	2022-01-01	818
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	1
Total participants	2022-01-01	819
Number of participants with account balances	2022-01-01	295
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: TELENETWORK, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	837
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	977
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	43
Total of all active and inactive participants	2021-01-01	1,020
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	1,021
Number of participants with account balances	2021-01-01	284
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: TELENETWORK, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	817
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	784
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	26
Total of all active and inactive participants	2020-01-01	810
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	1
Total participants	2020-01-01	811
Number of participants with account balances	2020-01-01	255
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: TELENETWORK, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	875
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	759
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	33
Total of all active and inactive participants	2019-01-01	792
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	1
Total participants	2019-01-01	793
Number of participants with account balances	2019-01-01	267
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: TELENETWORK, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	1,046
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	833
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	28
Total of all active and inactive participants	2018-01-01	861
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	1
Total participants	2018-01-01	862
Number of participants with account balances	2018-01-01	267
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0

Financial Data on TELENETWORK, INC. 401(K) PLAN

Measure	Date	Value
2022 : TELENETWORK, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-225,642
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$704,924
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$629,124
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$862,938
Value of total assets at end of year	2022-12-31	$7,547,850
Value of total assets at beginning of year	2022-12-31	$8,478,416
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$75,800
Total interest from all sources	2022-12-31	$453
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$148,144
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$148,144
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	Yes
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$499,048
Participant contributions at end of year	2022-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$1,679
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	$-930,566
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$7,547,850
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$8,478,416
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	$44,107
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$7,519,952
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$8,430,374
Interest on participant loans	2022-12-31	$0
Income. Interest from loans (other than to participants)	2022-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$27,898
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$38,582
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$38,582
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$453
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,237,177
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
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	$362,211
Employer contributions (assets) at end of year	2022-12-31	$0
Employer contributions (assets) at beginning of year	2022-12-31	$9,460
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$629,124
Contract administrator fees	2022-12-31	$31,693
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2022-12-31	Yes
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
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	BAUER & COMPANY LLC
Accountancy firm EIN	2022-12-31	471743368
2021 : TELENETWORK, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$2,202,868
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$547,993
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$469,665
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$875,702
Value of total assets at end of year	2021-12-31	$8,478,416
Value of total assets at beginning of year	2021-12-31	$6,823,541
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$78,328
Total interest from all sources	2021-12-31	$4
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$149,279
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	$149,279
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	$516,701
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$299
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	$1,654,875
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$8,478,416
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$6,823,541
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	$46,108
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$8,430,374
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$6,778,078
Interest on participant loans	2021-12-31	$0
Income. Interest from loans (other than to participants)	2021-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$38,582
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$35,838
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$35,838
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$4
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,177,883
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	Yes
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	$358,702
Employer contributions (assets) at end of year	2021-12-31	$9,460
Employer contributions (assets) at beginning of year	2021-12-31	$9,625
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$469,665
Contract administrator fees	2021-12-31	$32,220
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
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	BAUER & COMPANY LLC
Accountancy firm EIN	2021-12-31	471743368
2020 : TELENETWORK, INC. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
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	$1,334,521
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,014,715
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$950,049
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$824,755
Value of total assets at end of year	2020-12-31	$6,823,541
Value of total assets at beginning of year	2020-12-31	$6,503,735
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$64,666
Total interest from all sources	2020-12-31	$461
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$105,422
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	$105,422
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
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	$485,000
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	$319,806
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$6,823,541
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$6,503,735
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	$38,636
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$6,778,078
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$6,395,029
Interest on participant loans	2020-12-31	$0
Income. Interest from loans (other than to participants)	2020-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$35,838
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$107,905
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$107,905
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$461
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$403,883
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	Yes
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	$339,755
Employer contributions (assets) at end of year	2020-12-31	$9,625
Employer contributions (assets) at beginning of year	2020-12-31	$801
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$950,049
Contract administrator fees	2020-12-31	$26,030
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
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	BAUER & COMPANY LLC
Accountancy firm EIN	2020-12-31	471743368
2019 : TELENETWORK, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$1,783,325
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$455,626
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$386,880
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$746,251
Value of total assets at end of year	2019-12-31	$6,503,735
Value of total assets at beginning of year	2019-12-31	$5,176,036
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$68,746
Total interest from all sources	2019-12-31	$2,714
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$138,350
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$138,350
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$436,006
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$1,327,699
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$6,503,735
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$5,176,036
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$38,370
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$6,395,029
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$5,043,195
Interest on participant loans	2019-12-31	$0
Income. Interest from loans (other than to participants)	2019-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$107,905
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$132,841
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$132,841
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$2,714
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$896,010
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$310,245
Employer contributions (assets) at end of year	2019-12-31	$801
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$386,880
Contract administrator fees	2019-12-31	$30,376
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	BAUER & COMPANY LLC
Accountancy firm EIN	2019-12-31	471743368
2018 : TELENETWORK, INC. 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$322,993
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$579,420
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$526,318
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$830,945
Value of total assets at end of year	2018-12-31	$5,176,036
Value of total assets at beginning of year	2018-12-31	$5,432,463
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$53,102
Total interest from all sources	2018-12-31	$2,181
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$124,626
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$124,626
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$502,489
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$2,725
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-256,427
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$5,176,036
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$5,432,463
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$28,963
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$5,043,195
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$5,313,968
Interest on participant loans	2018-12-31	$0
Income. Interest from loans (other than to participants)	2018-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$132,841
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$118,495
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$118,495
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$2,181
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-634,759
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$325,731
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$526,318
Contract administrator fees	2018-12-31	$24,139
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	No
Opinion of an independent qualified public accountant for this plan	2018-12-31	Qualified
Accountancy firm name	2018-12-31	RICK C. REED & COMPANY, PLLC
Accountancy firm EIN	2018-12-31	742708275

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

2022: TELENETWORK, INC. 401(K) 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: TELENETWORK, INC. 401(K) 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: TELENETWORK, INC. 401(K) 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
2019: TELENETWORK, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
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 – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: TELENETWORK, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

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TELENETWORK, INC. RETIREMENT PLAN [EIN = 660412984]

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Company Name:	TELE NETWORK, INC.
Employer identification number (EIN):	742662819
NAIC Classification:	561420

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	1993-01-14
Company Identification Number:	0125655800
Legal Registered Office Address:	350 BARNES DR STE 109 SAN MARCOS United States of America (USA) 78666