401k Plan data: VIKING CLOUD 401(K) PLAN plan

VIKING CLOUD 401(K) PLAN 401k Plan overview

Plan Name	VIKING CLOUD 401(K) PLAN
Plan identification number	001

VIKING CLOUD 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

VIKING CLOUD, INC. has sponsored the creation of one or more 401k plans.

Company Name: VIKING CLOUD, INC.

Employer identification number (EIN): 811735115

NAIC Classification: 541513
NAIC Description: Computer Facilities Management Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VIKING CLOUD 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01 LISA MOORE 2020-07-21
001 2018-01-01
001 2017-01-01 MICHAEL MAHONEY 2018-07-27
001 2016-01-01 MICHAEL MAHONEY 2017-07-03

Plan Statistics for VIKING CLOUD 401(K) PLAN

401k plan membership statisitcs for VIKING CLOUD 401(K) PLAN

Measure Date Value
2022: VIKING CLOUD 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 221
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 369
Number of retired or separated participants receiving benefits 2022-01-01 100
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 469
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 469
Number of participants with account balances 2022-01-01 316
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: VIKING CLOUD 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 114
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 109
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 31
Total of all active and inactive participants 2021-01-01 140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 140
Number of participants with account balances 2021-01-01 117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: VIKING CLOUD 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 116
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 100
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 11
Total of all active and inactive participants 2020-01-01 111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 111
Number of participants with account balances 2020-01-01 104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2018: VIKING CLOUD 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 113
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 104
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 11
Total of all active and inactive participants 2018-01-01 115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 115
Number of participants with account balances 2018-01-01 110
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: VIKING CLOUD 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	221
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	369
Number of retired or separated participants receiving benefits	2022-01-01	100
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	469
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	469
Number of participants with account balances	2022-01-01	316
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: VIKING CLOUD 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	114
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	109
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	31
Total of all active and inactive participants	2021-01-01	140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	140
Number of participants with account balances	2021-01-01	117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: VIKING CLOUD 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	116
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	100
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	11
Total of all active and inactive participants	2020-01-01	111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	111
Number of participants with account balances	2020-01-01	104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2018: VIKING CLOUD 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	113
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	104
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	11
Total of all active and inactive participants	2018-01-01	115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	115
Number of participants with account balances	2018-01-01	110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0

Financial Data on VIKING CLOUD 401(K) PLAN

Measure	Date	Value
2022 : VIKING CLOUD 401(K) PLAN 2022 401k financial data
Total transfer of assets to this plan	2022-12-31	$2,715,843
Total income from all sources (including contributions)	2022-12-31	$3,031,948
Total of all expenses incurred	2022-12-31	$625,373
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$584,729
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$3,923,796
Value of total assets at end of year	2022-12-31	$12,301,354
Value of total assets at beginning of year	2022-12-31	$7,178,936
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$40,644
Total interest from all sources	2022-12-31	$5,188
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$-5,629
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$-5,629
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	$1,794,600
Participant contributions at end of year	2022-12-31	$95,655
Participant contributions at beginning of year	2022-12-31	$142,311
Participant contributions at end of year	2022-12-31	$4,044
Participant contributions at beginning of year	2022-12-31	$23,221
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$1,206,044
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	$2,406,575
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$12,301,354
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$7,178,936
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$11,418,010
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$6,987,934
Interest on participant loans	2022-12-31	$5,188
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$675,418
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-891,407
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	$923,152
Employer contributions (assets) at end of year	2022-12-31	$108,227
Employer contributions (assets) at beginning of year	2022-12-31	$25,470
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$584,729
Contract administrator fees	2022-12-31	$40,644
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	KIMBERLIN COMPANY, PLLC
Accountancy firm EIN	2022-12-31	455497718
2021 : VIKING CLOUD 401(K) PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$1,524,856
Expenses. Total of all expenses incurred	2021-12-31	$3,558,585
Benefits paid (including direct rollovers)	2021-12-31	$3,556,535
Total plan assets at end of year	2021-12-31	$7,178,936
Total plan assets at beginning of year	2021-12-31	$9,212,665
Value of fidelity bond covering the plan	2021-12-31	$1,000,000
Total contributions received or receivable from participants	2021-12-31	$879,322
Expenses. Other expenses not covered elsewhere	2021-12-31	$2,050
Contributions received from other sources (not participants or employers)	2021-12-31	$106,082
Other income received	2021-12-31	$122,296
Net income (gross income less expenses)	2021-12-31	$-2,033,729
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$7,178,936
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$9,212,665
Assets. Value of participant loans	2021-12-31	$148,352
Total contributions received or receivable from employer(s)	2021-12-31	$417,156
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
2020 : VIKING CLOUD 401(K) PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$2,955,135
Expenses. Total of all expenses incurred	2020-12-31	$294,439
Benefits paid (including direct rollovers)	2020-12-31	$287,593
Total plan assets at end of year	2020-12-31	$9,212,665
Total plan assets at beginning of year	2020-12-31	$6,551,969
Value of fidelity bond covering the plan	2020-12-31	$1,000,000
Total contributions received or receivable from participants	2020-12-31	$662,015
Expenses. Other expenses not covered elsewhere	2020-12-31	$6,846
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$1,959,498
Net income (gross income less expenses)	2020-12-31	$2,660,696
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$9,212,665
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$6,551,969
Assets. Value of participant loans	2020-12-31	$114,972
Total contributions received or receivable from employer(s)	2020-12-31	$333,622
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
2018 : VIKING CLOUD 401(K) PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$679,194
Expenses. Total of all expenses incurred	2018-12-31	$235,518
Benefits paid (including direct rollovers)	2018-12-31	$225,703
Total plan assets at end of year	2018-12-31	$5,199,948
Total plan assets at beginning of year	2018-12-31	$4,756,272
Value of fidelity bond covering the plan	2018-12-31	$0
Total contributions received or receivable from participants	2018-12-31	$649,046
Expenses. Other expenses not covered elsewhere	2018-12-31	$9,815
Contributions received from other sources (not participants or employers)	2018-12-31	$24,313
Other income received	2018-12-31	$-285,591
Net income (gross income less expenses)	2018-12-31	$443,676
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$5,199,948
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$4,756,272
Assets. Value of participant loans	2018-12-31	$127,434
Total contributions received or receivable from employer(s)	2018-12-31	$291,426
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$0

Form 5500 Responses for VIKING CLOUD 401(K) PLAN

2022: VIKING CLOUD 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: VIKING CLOUD 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: VIKING CLOUD 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
2018: VIKING CLOUD 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

Insurance Providers Used on plan

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

816299

Policy instance

Insurance contract or identification number	816299
Number of Individuals Covered	316
Contracts With Unallocated Funds Deposit Administration	1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	VIKING CLOUD, INC.
Employer identification number (EIN):	811735115
NAIC Classification:	541513
NAIC Description:	Computer Facilities Management Services