401k Plan data: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN plan

INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 401k Plan overview

Plan Name	INDUSTRIAL INSIGHT INC. RETIREMENT PLAN
Plan identification number	001

INDUSTRIAL INSIGHT INC. RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

INDUSTRIAL INSIGHT INC. has sponsored the creation of one or more 401k plans.

Company Name: INDUSTRIAL INSIGHT INC.

Employer identification number (EIN): 814558861

NAIC Classification: 541330
NAIC Description: Engineering Services

Additional information about INDUSTRIAL INSIGHT INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 2016-11-28

Company Identification Number: P16000094328

Legal Registered Office Address: 505 PORTA ROSA CIRCLE

SAINT AUGUSTINE

32092

More information about INDUSTRIAL INSIGHT INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INDUSTRIAL INSIGHT INC. RETIREMENT 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
001 2018-01-01 JIM GAVIGAN
001 2017-01-01 JIM GAVIGAN
001 2016-11-30 JIM GAVIGAN

Plan Statistics for INDUSTRIAL INSIGHT INC. RETIREMENT PLAN

401k plan membership statisitcs for INDUSTRIAL INSIGHT INC. RETIREMENT PLAN

Measure Date Value
2022: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 6
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 6
Number of participants with account balances 2022-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 3
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 0
Total of all active and inactive participants 2021-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 3
Number of participants with account balances 2021-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 4
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 0
Total of all active and inactive participants 2020-01-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 4
Number of participants with account balances 2020-01-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 3
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 0
Total of all active and inactive participants 2019-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 3
Number of participants with account balances 2019-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 1
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 1
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 0
Total of all active and inactive participants 2018-01-01 1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 1
Number of participants with account balances 2018-01-01 1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 1
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 1
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 1
Number of participants with account balances 2017-01-01 1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year 2016-11-30 1
Total number of active participants reported on line 7a of the Form 5500 2016-11-30 1
Number of retired or separated participants receiving benefits 2016-11-30 0
Number of other retired or separated participants entitled to future benefits 2016-11-30 0
Total of all active and inactive participants 2016-11-30 1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-11-30 0
Total participants 2016-11-30 1
Number of participants with account balances 2016-11-30 1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-11-30 0

Measure	Date	Value
2022: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	6
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	6
Number of participants with account balances	2022-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	3
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	0
Total of all active and inactive participants	2021-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	3
Number of participants with account balances	2021-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	4
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	0
Total of all active and inactive participants	2020-01-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	4
Number of participants with account balances	2020-01-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	3
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	0
Total of all active and inactive participants	2019-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	3
Number of participants with account balances	2019-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	1
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	1
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	0
Total of all active and inactive participants	2018-01-01	1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	1
Number of participants with account balances	2018-01-01	1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	1
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	1
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	1
Number of participants with account balances	2017-01-01	1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year	2016-11-30	1
Total number of active participants reported on line 7a of the Form 5500	2016-11-30	1
Number of retired or separated participants receiving benefits	2016-11-30	0
Number of other retired or separated participants entitled to future benefits	2016-11-30	0
Total of all active and inactive participants	2016-11-30	1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-11-30	0
Total participants	2016-11-30	1
Number of participants with account balances	2016-11-30	1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-11-30	0

Financial Data on INDUSTRIAL INSIGHT INC. RETIREMENT PLAN

Measure	Date	Value
2022 : INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2022 401k financial data
Total income from all sources	2022-12-31	$281,961
Expenses. Total of all expenses incurred	2022-12-31	$8,772
Benefits paid (including direct rollovers)	2022-12-31	$8,772
Total plan assets at end of year	2022-12-31	$1,109,267
Total plan assets at beginning of year	2022-12-31	$836,078
Value of fidelity bond covering the plan	2022-12-31	$105,000
Total contributions received or receivable from participants	2022-12-31	$27,592
Contributions received from other sources (not participants or employers)	2022-12-31	$116,825
Other income received	2022-12-31	$137,544
Net income (gross income less expenses)	2022-12-31	$273,189
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$1,109,267
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$836,078
Assets. Value of employer securities	2022-12-31	$900,189
2021 : INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$183,074
Expenses. Total of all expenses incurred	2021-12-31	$49,536
Benefits paid (including direct rollovers)	2021-12-31	$49,536
Total plan assets at end of year	2021-12-31	$836,078
Total plan assets at beginning of year	2021-12-31	$702,540
Value of fidelity bond covering the plan	2021-12-31	$105,000
Total contributions received or receivable from participants	2021-12-31	$26,791
Other income received	2021-12-31	$151,151
Net income (gross income less expenses)	2021-12-31	$133,538
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$836,078
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$702,540
Assets. Value of employer securities	2021-12-31	$741,285
Total contributions received or receivable from employer(s)	2021-12-31	$5,132
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$304,031
Expenses. Total of all expenses incurred	2020-12-31	$1,150
Total plan assets at end of year	2020-12-31	$702,540
Total plan assets at beginning of year	2020-12-31	$399,659
Value of fidelity bond covering the plan	2020-12-31	$105,000
Total contributions received or receivable from participants	2020-12-31	$34,739
Other income received	2020-12-31	$269,292
Net income (gross income less expenses)	2020-12-31	$302,881
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$702,540
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$399,659
Assets. Value of employer securities	2020-12-31	$608,422
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$1,150
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$253,692
Expenses. Total of all expenses incurred	2019-12-31	$0
Total plan assets at end of year	2019-12-31	$399,659
Total plan assets at beginning of year	2019-12-31	$145,967
Value of fidelity bond covering the plan	2019-12-31	$105,000
Total contributions received or receivable from participants	2019-12-31	$10,344
Contributions received from other sources (not participants or employers)	2019-12-31	$32,868
Other income received	2019-12-31	$210,480
Net income (gross income less expenses)	2019-12-31	$253,692
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$399,659
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$145,967
Assets. Value of employer securities	2019-12-31	$356,119
2018 : INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$99,872
Expenses. Total of all expenses incurred	2018-12-31	$0
Benefits paid (including direct rollovers)	2018-12-31	$0
Total plan assets at end of year	2018-12-31	$145,967
Total plan assets at beginning of year	2018-12-31	$46,095
Value of fidelity bond covering the plan	2018-12-31	$105,000
Total contributions received or receivable from participants	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$99,872
Net income (gross income less expenses)	2018-12-31	$99,872
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$145,967
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$46,095
Assets. Value of employer securities	2018-12-31	$145,967
Total contributions received or receivable from employer(s)	2018-12-31	$0
Value of certain deemed distributions of participant loans	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$0
2017 : INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$6,096
Expenses. Total of all expenses incurred	2017-12-31	$1
Benefits paid (including direct rollovers)	2017-12-31	$0
Total plan assets at end of year	2017-12-31	$46,095
Total plan assets at beginning of year	2017-12-31	$40,000
Value of fidelity bond covering the plan	2017-12-31	$105,000
Total contributions received or receivable from participants	2017-12-31	$0
Contributions received from other sources (not participants or employers)	2017-12-31	$74,345
Other income received	2017-12-31	$-68,249
Net income (gross income less expenses)	2017-12-31	$6,095
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$46,095
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$40,000
Assets. Value of employer securities	2017-12-31	$46,095
Total contributions received or receivable from employer(s)	2017-12-31	$0
Value of certain deemed distributions of participant loans	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$1
2016 : INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$40,000
Expenses. Total of all expenses incurred	2016-12-31	$0
Benefits paid (including direct rollovers)	2016-12-31	$0
Total plan assets at end of year	2016-12-31	$40,000
Value of fidelity bond covering the plan	2016-12-31	$105,000
Total contributions received or receivable from participants	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$40,000
Other income received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$40,000
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$40,000
Assets. Value of employer securities	2016-12-31	$40,000
Total contributions received or receivable from employer(s)	2016-12-31	$0
Value of certain deemed distributions of participant loans	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$0

Form 5500 Responses for INDUSTRIAL INSIGHT INC. RETIREMENT PLAN

2022: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: INDUSTRIAL INSIGHT INC. RETIREMENT 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: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: INDUSTRIAL INSIGHT INC. RETIREMENT PLAN 2016 form 5500 responses
2016-11-30	Type of plan entity	Single employer plan
2016-11-30	First time form 5500 has been submitted	Yes
2016-11-30	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-11-30	Plan funding arrangement – Trust	Yes
2016-11-30	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

143793

Policy instance

Insurance contract or identification number	143793
Number of Individuals Covered	3
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	INDUSTRIAL INSIGHT INC.
Employer identification number (EIN):	814558861
NAIC Classification:	541330
NAIC Description:	Engineering Services

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	2016-11-28
Company Identification Number:	P16000094328
Legal Registered Office Address:	505 PORTA ROSA CIRCLE SAINT AUGUSTINE 32092