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TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 401k Plan overview

Plan NameTOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN
Plan identification number 001

TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

TOWNES TELECOMMUNICATIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:TOWNES TELECOMMUNICATIONS, INC.
Employer identification number (EIN):751769042
NAIC Classification:517000

Additional information about TOWNES TELECOMMUNICATIONS, INC.

Jurisdiction of Incorporation: Nevada Department of State
Incorporation Date: 1998-10-16
Company Identification Number: 19981357929
Legal Registered Office Address: 410 S RAMPART BLVD STE 350

LAS VEGAS
United States of America (USA)
89145

More information about TOWNES TELECOMMUNICATIONS, INC.

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012023-01-01ERISA FIDUCIARY SERVICES, INC
0012022-01-01
0012022-01-01LISA HUNTER
0012021-01-01
0012021-01-01LISA HUNTER
0012020-01-01LISA HUNTER2021-07-27
0012019-01-01LISA HUNTER2020-07-27
0012018-01-01
0012017-01-01
0012016-01-01
0012016-01-01
0012015-01-01DANNIELLE PARSLEY
0012014-01-01BROCK MCCORKLE
0012013-01-01
0012012-01-01BROCK MCCORKLE BROCK MCCORKLE2013-10-15
0012011-01-01HETAL PATEL
0012010-03-01BROCK MCCORKLE2011-08-25 BROCK MCCORKLE2011-08-25

Financial Data on TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN

Measure Date Value
2025 : TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-070
Total liabilities as of the end of the plan year2025-04-070
Total liabilities as of the beginning of the plan year2025-04-070
Total expenses incurred by plan in this plan year2025-04-07673386
Net assets as of the end of the plan year2025-04-074949597
Total assets as of the beginning of the plan year2025-04-074416864
Value of plan covered by a fidelity bond2025-04-07500000
Participant contributions to plan in this plan year2025-04-07355513
Value of participant loans at end of plan year2025-04-0792568
Other expenses paid from plan in this plan year2025-04-070
Other contributions to plan in this plan year2025-04-071462
Other income to plan in this plan year2025-04-07505313
Plan net income in this plan year2025-04-07532733
Net assets as of the end of the plan year2025-04-074949597
Net assets as of the beginning of the plan year2025-04-074416864
Employer contributions to plan in this plan year2025-04-07343831
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-0761776
2023 : TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$1,198,874
Expenses. Total of all expenses incurred2023-12-31$393,626
Benefits paid (including direct rollovers)2023-12-31$333,179
Total plan assets at end of year2023-12-31$4,416,864
Total plan assets at beginning of year2023-12-31$3,611,616
Value of fidelity bond covering the plan2023-12-31$500,000
Total contributions received or receivable from participants2023-12-31$320,719
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$914
Other income received2023-12-31$614,218
Net income (gross income less expenses)2023-12-31$805,248
Net plan assets at end of year (total assets less liabilities)2023-12-31$4,416,864
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$3,611,616
Assets. Value of participant loans2023-12-31$40,370
Total contributions received or receivable from employer(s)2023-12-31$263,023
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$60,447
2022 : TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$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$0
Total income from all sources (including contributions)2022-12-31$-4,835
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$263,323
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$216,277
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$580,016
Value of total assets at end of year2022-12-31$3,611,616
Value of total assets at beginning of year2022-12-31$3,879,774
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$47,046
Total interest from all sources2022-12-31$3,571
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$2,134
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$2,134
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$387,978
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$279,400
Participant contributions at end of year2022-12-31$51,601
Participant contributions at beginning of year2022-12-31$54,766
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$0
Assets. Other investments not covered elsewhere at end of year2022-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$4,031
Total non interest bearing cash at end of year2022-12-31$14,207
Total non interest bearing cash at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-268,158
Value of net assets at end of year (total assets less liabilities)2022-12-31$3,611,616
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$3,879,774
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$25,583
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$3,269,159
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$3,604,198
Interest on participant loans2022-12-31$3,571
Value of interest in common/collective trusts at end of year2022-12-31$0
Value of interest in common/collective trusts at beginning of year2022-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$276,649
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$220,810
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$220,810
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-590,556
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$296,585
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$216,277
Contract administrator fees2022-12-31$21,463
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MCCARTHY, ROSE & MILLS, LLP
Accountancy firm EIN2022-12-31751324020
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total income from all sources (including contributions)2022-01-01$-4,835
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$263,323
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$216,277
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$580,016
Value of total assets at end of year2022-01-01$3,611,616
Value of total assets at beginning of year2022-01-01$3,879,774
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$47,046
Total interest from all sources2022-01-01$3,571
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$2,134
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$2,134
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$387,978
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$279,400
Participant contributions at end of year2022-01-01$51,601
Participant contributions at beginning of year2022-01-01$54,766
Participant contributions at end of year2022-01-01$0
Participant contributions at beginning of year2022-01-01$0
Assets. Other investments not covered elsewhere at end of year2022-01-01$0
Assets. Other investments not covered elsewhere at beginning of year2022-01-01$0
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$4,031
Total non interest bearing cash at end of year2022-01-01$14,207
Total non interest bearing cash at beginning of year2022-01-01$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-268,158
Value of net assets at end of year (total assets less liabilities)2022-01-01$3,611,616
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$3,879,774
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Investment advisory and management fees2022-01-01$25,583
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$3,269,159
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$3,604,198
Interest on participant loans2022-01-01$3,571
Value of interest in common/collective trusts at end of year2022-01-01$0
Value of interest in common/collective trusts at beginning of year2022-01-01$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-01-01$276,649
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-590,556
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$296,585
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$216,277
Contract administrator fees2022-01-01$21,463
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01MCCARTHY, ROSE & MILLS, LLP
Accountancy firm EIN2022-01-01751324020
2021 : TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$980,350
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$255,948
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$211,506
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$553,745
Value of total assets at end of year2021-12-31$3,879,774
Value of total assets at beginning of year2021-12-31$3,155,372
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$44,442
Total interest from all sources2021-12-31$4,392
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,938
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$1,938
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$385,895
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$272,392
Participant contributions at end of year2021-12-31$54,766
Participant contributions at beginning of year2021-12-31$68,464
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$3,088
Assets. Other investments not covered elsewhere at end of year2021-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$724,402
Value of net assets at end of year (total assets less liabilities)2021-12-31$3,879,774
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$3,155,372
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$29,781
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$3,604,198
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$2,945,856
Interest on participant loans2021-12-31$4,392
Value of interest in common/collective trusts at end of year2021-12-31$0
Value of interest in common/collective trusts at beginning of year2021-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$220,810
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$137,964
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$137,964
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$420,275
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$281,353
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$211,506
Contract administrator fees2021-12-31$14,661
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31POSTLETHWAITE & NETTERVILLE
Accountancy firm EIN2021-12-31721202445
2020 : TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$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$560,891
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$85,681
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$60,407
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$161,675
Value of total assets at end of year2020-12-31$3,155,372
Value of total assets at beginning of year2020-12-31$2,680,162
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$25,274
Total interest from all sources2020-12-31$5,579
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$64,796
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$64,796
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$385,895
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$161,675
Participant contributions at end of year2020-12-31$68,464
Participant contributions at beginning of year2020-12-31$77,546
Participant contributions at end of year2020-12-31$3,088
Participant contributions at beginning of year2020-12-31$1,982
Assets. Other investments not covered elsewhere at end of year2020-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$475,210
Value of net assets at end of year (total assets less liabilities)2020-12-31$3,155,372
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$2,680,162
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$16,476
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$2,945,856
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$2,564,817
Interest on participant loans2020-12-31$5,579
Value of interest in common/collective trusts at end of year2020-12-31$0
Value of interest in common/collective trusts at beginning of year2020-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$137,964
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$35,817
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$35,817
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$328,841
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$60,407
Contract administrator fees2020-12-31$8,798
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31RBM LLP
Accountancy firm EIN2020-12-31201260436
2019 : TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$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$591,352
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$599,462
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$573,924
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$137,046
Value of total assets at end of year2019-12-31$2,680,162
Value of total assets at beginning of year2019-12-31$2,688,272
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$25,538
Total interest from all sources2019-12-31$5,725
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$69,635
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$69,635
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$385,895
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$137,046
Participant contributions at end of year2019-12-31$77,546
Participant contributions at beginning of year2019-12-31$88,296
Participant contributions at end of year2019-12-31$1,982
Participant contributions at beginning of year2019-12-31$0
Assets. Other investments not covered elsewhere at end of year2019-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$-8,110
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,680,162
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$2,688,272
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$16,305
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$2,564,817
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$2,559,855
Interest on participant loans2019-12-31$5,725
Value of interest in common/collective trusts at end of year2019-12-31$0
Value of interest in common/collective trusts at beginning of year2019-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$35,817
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$40,121
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$40,121
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$378,946
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$573,924
Contract administrator fees2019-12-31$9,233
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31RBM LLP
Accountancy firm EIN2019-12-31201260436
2018 : TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$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$4,675
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$329,010
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$270,318
Expenses. Certain deemed distributions of participant loans2018-12-31$28,463
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$145,939
Value of total assets at end of year2018-12-31$2,688,272
Value of total assets at beginning of year2018-12-31$3,012,607
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$30,229
Total interest from all sources2018-12-31$5,403
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$72,195
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$72,195
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$385,895
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$145,939
Participant contributions at end of year2018-12-31$88,296
Participant contributions at beginning of year2018-12-31$53,899
Administrative expenses (other) incurred2018-12-31$1,318
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-324,335
Value of net assets at end of year (total assets less liabilities)2018-12-31$2,688,272
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$3,012,607
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$19,342
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$2,559,855
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$2,913,951
Interest on participant loans2018-12-31$5,403
Value of interest in common/collective trusts at end of year2018-12-31$0
Value of interest in common/collective trusts at beginning of year2018-12-31$6,118
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$40,121
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$38,639
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$38,639
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-218,862
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$270,318
Contract administrator fees2018-12-31$9,569
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31RBM LLP
Accountancy firm EIN2018-12-31201260436
2017 : TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$551,248
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$617,778
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$587,211
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$152,278
Value of total assets at end of year2017-12-31$3,012,607
Value of total assets at beginning of year2017-12-31$3,079,137
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$30,567
Total interest from all sources2017-12-31$2,148
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$77,860
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$77,860
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$385,895
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$152,278
Participant contributions at end of year2017-12-31$53,899
Participant contributions at beginning of year2017-12-31$62,045
Administrative expenses (other) incurred2017-12-31$789
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$-66,530
Value of net assets at end of year (total assets less liabilities)2017-12-31$3,012,607
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$3,079,137
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$19,796
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$2,913,951
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$2,984,935
Interest on participant loans2017-12-31$2,148
Value of interest in common/collective trusts at end of year2017-12-31$6,118
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$38,639
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$32,157
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$32,157
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$318,962
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$587,211
Contract administrator fees2017-12-31$9,982
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31RBM, LLP
Accountancy firm EIN2017-12-31201260436
2016 : TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$366,114
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$746,076
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$707,809
Expenses. Certain deemed distributions of participant loans2016-12-31$5,207
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$144,476
Value of total assets at end of year2016-12-31$3,079,137
Value of total assets at beginning of year2016-12-31$3,459,099
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$33,060
Total interest from all sources2016-12-31$2,891
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$73,387
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$73,387
Administrative expenses professional fees incurred2016-12-31$7,908
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$385,895
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$144,476
Participant contributions at end of year2016-12-31$62,045
Participant contributions at beginning of year2016-12-31$66,505
Administrative expenses (other) incurred2016-12-31$3,845
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-379,962
Value of net assets at end of year (total assets less liabilities)2016-12-31$3,079,137
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$3,459,099
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$21,307
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$2,984,935
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$3,248,546
Interest on participant loans2016-12-31$2,891
Value of interest in common/collective trusts at beginning of year2016-12-31$76,400
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$32,157
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$67,648
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$67,648
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$145,360
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$707,809
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31CHAPMAN, HEXT & CO., P.C.
Accountancy firm EIN2016-12-31752053526
2015 : TOWNES TELECOMMUNICATIONS, INC. 401(K) 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$742
Total income from all sources (including contributions)2015-12-31$151,515
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$302,025
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$255,709
Expenses. Certain deemed distributions of participant loans2015-12-31$12,191
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$152,319
Value of total assets at end of year2015-12-31$3,459,099
Value of total assets at beginning of year2015-12-31$3,610,351
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$34,125
Total interest from all sources2015-12-31$3,913
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$385,895
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
Participant contributions at end of year2015-12-31$66,505
Participant contributions at beginning of year2015-12-31$82,589
Administrative expenses (other) incurred2015-12-31$1,789
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-150,510
Value of net assets at end of year (total assets less liabilities)2015-12-31$3,459,099
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$3,609,609
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
Investment advisory and management fees2015-12-31$22,493
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$3,248,546
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$3,384,708
Interest on participant loans2015-12-31$3,867
Value of interest in common/collective trusts at end of year2015-12-31$76,400
Value of interest in common/collective trusts at beginning of year2015-12-31$72,225
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$67,648
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$70,829
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$70,829
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$46
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-4,717
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$152,319
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$255,709
Contract administrator fees2015-12-31$9,843
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
Liabilities. Value of acquisition indebtedness at beginning of year2015-12-31$742
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 name2015-12-31CHAPMAN, HEXT & CO, P.C.
Accountancy firm EIN2015-12-31752053526
2014 : TOWNES TELECOMMUNICATIONS, INC. 401(K) 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$742
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$381,909
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$775,790
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$738,190
Expenses. Certain deemed distributions of participant loans2014-12-31$9,666
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$173,094
Value of total assets at end of year2014-12-31$3,610,351
Value of total assets at beginning of year2014-12-31$4,003,490
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$27,934
Total interest from all sources2014-12-31$5,918
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$67,359
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$67,359
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$385,895
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$173,094
Participant contributions at end of year2014-12-31$82,589
Participant contributions at beginning of year2014-12-31$133,583
Administrative expenses (other) incurred2014-12-31$2,914
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-393,881
Value of net assets at end of year (total assets less liabilities)2014-12-31$3,609,609
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$4,003,490
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
Investment advisory and management fees2014-12-31$23,842
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$3,384,708
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$3,648,992
Interest on participant loans2014-12-31$5,911
Value of interest in common/collective trusts at end of year2014-12-31$72,225
Value of interest in common/collective trusts at beginning of year2014-12-31$68,129
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$70,829
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$152,786
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$152,786
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$7
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$135,538
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$738,190
Contract administrator fees2014-12-31$1,178
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
Liabilities. Value of acquisition indebtedness at end of year2014-12-31$742
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 name2014-12-31CHAPMAN, HEXT & CO., P.C.
Accountancy firm EIN2014-12-31752053526
2013 : TOWNES TELECOMMUNICATIONS, INC. 401(K) 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$0
Total income from all sources (including contributions)2013-12-31$689,537
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$134,429
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$108,021
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$199,235
Value of total assets at end of year2013-12-31$4,003,490
Value of total assets at beginning of year2013-12-31$3,448,382
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$26,408
Total interest from all sources2013-12-31$7,712
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$59,826
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$59,826
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$385,895
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$199,235
Participant contributions at end of year2013-12-31$133,583
Participant contributions at beginning of year2013-12-31$130,581
Administrative expenses (other) incurred2013-12-31$2,631
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$555,108
Value of net assets at end of year (total assets less liabilities)2013-12-31$4,003,490
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$3,448,382
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
Investment advisory and management fees2013-12-31$22,780
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$3,648,992
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$3,309,953
Interest on participant loans2013-12-31$7,708
Value of interest in common/collective trusts at end of year2013-12-31$68,129
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$152,786
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$7,848
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$7,848
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$4
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$422,257
Net investment gain or loss from common/collective trusts2013-12-31$507
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$108,021
Contract administrator fees2013-12-31$997
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 name2013-12-31CHAPMAN, HEXT & CO., P.C.
Accountancy firm EIN2013-12-31752053526
2012 : TOWNES TELECOMMUNICATIONS, INC. 401(K) 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$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$557,108
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$584,050
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$554,763
Expenses. Certain deemed distributions of participant loans2012-12-31$3,697
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$200,318
Value of total assets at end of year2012-12-31$3,448,382
Value of total assets at beginning of year2012-12-31$3,475,324
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$25,590
Total interest from all sources2012-12-31$7,119
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$69,387
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$69,387
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$385,895
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$200,318
Participant contributions at end of year2012-12-31$130,581
Participant contributions at beginning of year2012-12-31$130,991
Administrative expenses (other) incurred2012-12-31$667
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-26,942
Value of net assets at end of year (total assets less liabilities)2012-12-31$3,448,382
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$3,475,324
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
Investment advisory and management fees2012-12-31$21,811
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$3,309,953
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$3,176,435
Interest on participant loans2012-12-31$7,102
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$7,848
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$167,898
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$167,898
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$17
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$280,284
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$554,763
Contract administrator fees2012-12-31$3,112
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 name2012-12-31CHAPMAN, HEXT & CO. P.C.
Accountancy firm EIN2012-12-31752053526
2011 : TOWNES TELECOMMUNICATIONS, INC. 401(K) 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$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$199,850
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$583,480
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$543,345
Expenses. Certain deemed distributions of participant loans2011-12-31$18,043
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$231,819
Value of total assets at end of year2011-12-31$3,475,324
Value of total assets at beginning of year2011-12-31$3,858,954
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$22,092
Total interest from all sources2011-12-31$10,336
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$66,999
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$66,999
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$385,895
If this is an individual account plan, was there a blackout period2011-12-31Yes
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$231,819
Participant contributions at end of year2011-12-31$130,991
Participant contributions at beginning of year2011-12-31$189,210
Administrative expenses (other) incurred2011-12-31$3,192
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-383,630
Value of net assets at end of year (total assets less liabilities)2011-12-31$3,475,324
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,858,954
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
Investment advisory and management fees2011-12-31$12,720
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$3,176,435
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$3,669,744
Interest on participant loans2011-12-31$10,299
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$167,898
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$37
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-109,304
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
Contributions received in cash from employer2011-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$543,345
Contract administrator fees2011-12-31$6,180
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31Yes
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 name2011-12-31CHAPMAN, HEXT & CO., P.C.
Accountancy firm EIN2011-12-31752053526

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

2023: TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: TOWNES TELECOMMUNICATIONS, INC. 401(K) 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: TOWNES TELECOMMUNICATIONS, INC. 401(K) 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: TOWNES TELECOMMUNICATIONS, INC. 401(K) 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: TOWNES TELECOMMUNICATIONS, INC. 401(K) 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: TOWNES TELECOMMUNICATIONS, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
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

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