Profile
Micro Strategies, Inc 401(K) Profit Sharing Plan in Parsippany, NJ is in New Jersey, its EIN is 222464278, its industry group is Computer Systems Design and Related Services, its plan administrator is Anthony Bongiovanni, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 541512, has 100 to 499 total participants, is better than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, yield on beginning-of-plan-year total assets, and diversity of asset types (5 total), is better than the overall participant averages in each of net income per total participant, average account balance, and active-participant contributions per head, and is higher than the overall administrative medians in each of professional fees, contract administrator fees, investment advisory and management fees, other administrative expenses, total administrative expenses, and total administrative expense ratio.
Numeric values:
- total assets ($21,819,997)
- net assets (assets minus liabilities) ($21.80M)
- value of interest in registered investment companies (e.g., mutual funds) ($19.70M)
- total assets at beginning of plan year ($18,694,984)
- total income ($4,461,436)
- net income ($3,125,013)
- earnings on investments ($2,991,217)
- net earnings on investments ($2,912,517)
- value of interest in common/collective trusts ($1,920,258)
- total contributions ($1,470,219)
- total expenses ($1,336,423)
- cash contributions from participants ($1,015,693)
- cash contributions from employers ($236,671)
- average account balance ($140,774)
- participant loans ($116,420)
- total administrative expenses ($111,564)
- investment advisory and management fees ($78,700)
- receivables - participant contributions ($39,438)
- net income per total participant ($20,161)
- professional fees ($18,400)
- contract administrator fees ($14,462)
- average participant cash contribution per active participant ($10,580)
- receivables - employer contributions ($9,103)
- average employer cash contribution per active participant ($2,465)
- total administrative expense per participant ($719.77)
- other administrative expenses ($2)
- total noninterest-bearing cash ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (61.9%)
- yield on beginning-of-plan-year total assets (15.58%)
- diversity of asset types (10.9%)
- participant loans as a percentage of plan assets (0.53%)
- total administrative expense ratio (0.510%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (96)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (155)
- other retired or separated participants entitled to future benefits (59)
- retired or separated participants receiving benefits (0)
- total participants (155)