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THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC. 401k Plan overview

Plan NameTHE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC.
Plan identification number 333

THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FIDUCIARY WISE, LLC has sponsored the creation of one or more 401k plans.

Company Name:FIDUCIARY WISE, LLC
Employer identification number (EIN):208269430
NAIC Classification:519100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
3332023-01-01T R BICK2024-06-19
3332022-01-01DEBORAH EICHHORN2023-06-19
3332021-01-01DEBORAH EICHHORN2022-10-14
3332020-01-01KRISTI DALLEY2021-07-19
3332019-01-01KRISTI DALLEY2020-07-01
3332018-01-01KRISTI DALLEY2019-05-10
3332017-01-01T R BICK2018-07-23
3332016-01-01T R BICK
3332015-01-01T R BICK
3332014-01-01T R BICK

Plan Statistics for THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC.

401k plan membership statisitcs for THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC.

Measure Date Value
2016: THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC. 2016 401k membership
Total participants, beginning-of-year2016-01-0118
Total number of active participants reported on line 7a of the Form 55002016-01-0116
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-014
Total of all active and inactive participants2016-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0120
Number of participants with account balances2016-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC. 2015 401k membership
Total participants, beginning-of-year2015-01-017
Total number of active participants reported on line 7a of the Form 55002015-01-0114
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0114
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC. 2014 401k membership
Total participants, beginning-of-year2014-01-016
Total number of active participants reported on line 7a of the Form 55002014-01-017
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-011
Total of all active and inactive participants2014-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-018
Number of participants with account balances2014-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010

Financial Data on THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC.

Measure Date Value
2016 : THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC. 2016 401k financial data
Total income from all sources2016-12-31$217,241
Expenses. Total of all expenses incurred2016-12-31$10,767
Benefits paid (including direct rollovers)2016-12-31$7,659
Total plan assets at end of year2016-12-31$373,144
Total plan assets at beginning of year2016-12-31$166,670
Value of fidelity bond covering the plan2016-12-31$25,000
Total contributions received or receivable from participants2016-12-31$133,052
Other income received2016-12-31$20,547
Net income (gross income less expenses)2016-12-31$206,474
Net plan assets at end of year (total assets less liabilities)2016-12-31$373,144
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$166,670
Total contributions received or receivable from employer(s)2016-12-31$63,642
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$3,108
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC. 2015 401k financial data
Total income from all sources2015-12-31$158,663
Expenses. Total of all expenses incurred2015-12-31$991
Total plan assets at end of year2015-12-31$166,670
Total plan assets at beginning of year2015-12-31$8,998
Value of fidelity bond covering the plan2015-12-31$25,000
Total contributions received or receivable from participants2015-12-31$52,153
Other income received2015-12-31$-1,207
Net income (gross income less expenses)2015-12-31$157,672
Net plan assets at end of year (total assets less liabilities)2015-12-31$166,670
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$8,998
Total contributions received or receivable from employer(s)2015-12-31$107,717
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$991
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC. 2014 401k financial data
Total income from all sources2014-12-31$8,998
Expenses. Total of all expenses incurred2014-12-31$0
Total plan assets at end of year2014-12-31$8,998
Total plan assets at beginning of year2014-12-31$0
Value of fidelity bond covering the plan2014-12-31$1,000
Total contributions received or receivable from participants2014-12-31$4,834
Other income received2014-12-31$66
Net income (gross income less expenses)2014-12-31$8,998
Net plan assets at end of year (total assets less liabilities)2014-12-31$8,998
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$0
Total contributions received or receivable from employer(s)2014-12-31$4,098
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0

Form 5500 Responses for THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC.

2016: THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC. 2016 form 5500 responses
2016-01-01Type of plan entityMulitple 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: THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC. 2015 form 5500 responses
2015-01-01Type of plan entityMulitple 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: THE 401(K) SOLUTION FBO PRIME SOLUTIONS GROUP, INC. 2014 form 5500 responses
2014-01-01Type of plan entityMulitple employer plan
2014-01-01First time form 5500 has been submittedYes
2014-01-01Submission has been amendedYes
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

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