401k Plan data: UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN plan

UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 401k Plan overview

Plan Name	UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN
Plan identification number	002

UNIVERSAL BUSINESS SYSTEMS INC. 401K 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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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

UNIVERSAL BUSINESS SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name: UNIVERSAL BUSINESS SYSTEMS, INC.

Employer identification number (EIN): 222273714

NAIC Classification: 541519
NAIC Description: Other Computer Related Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2019-01-01
002 2018-01-01 EDWARD RAFFO 2019-05-20
002 2017-01-01 EDWARD RAFFO 2018-05-29
002 2016-01-01 EDWARD RAFFO 2017-05-31
002 2015-01-01 EDWARD RAFFO 2016-05-24
002 2014-01-01 EDWARD RAFFO 2015-06-08
002 2013-01-01 EDWARD RAFFO 2014-05-21
002 2012-01-01 EDWARD RAFFO 2013-07-22
002 2011-01-01 EDWARD RAFFO 2012-06-08
002 2010-01-01 EDWARD RAFFO 2011-06-30
002 2009-01-01 EDWARD RAFFO

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2021-01-01
002	2020-01-01
002	2019-01-01
002	2019-01-01
002	2018-01-01	EDWARD RAFFO	2019-05-20
002	2017-01-01	EDWARD RAFFO	2018-05-29
002	2016-01-01	EDWARD RAFFO	2017-05-31
002	2015-01-01	EDWARD RAFFO	2016-05-24
002	2014-01-01	EDWARD RAFFO	2015-06-08
002	2013-01-01	EDWARD RAFFO	2014-05-21
002	2012-01-01	EDWARD RAFFO	2013-07-22
002	2011-01-01	EDWARD RAFFO	2012-06-08
002	2010-01-01	EDWARD RAFFO	2011-06-30
002	2009-01-01	EDWARD RAFFO

Plan Statistics for UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN

401k plan membership statisitcs for UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN

Measure Date Value
2021: UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 0
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 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 0
Number of participants with account balances 2021-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 23
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 22
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 4
Total of all active and inactive participants 2020-01-01 26
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 26
Number of participants with account balances 2020-01-01 23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 24
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 20
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 3
Total of all active and inactive participants 2019-01-01 23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 23
Number of participants with account balances 2019-01-01 21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2009: UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 22
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 24
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 1
Total of all active and inactive participants 2009-01-01 25
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 25
Number of participants with account balances 2009-01-01 19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2021: UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	0
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	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	0
Number of participants with account balances	2021-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	23
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	22
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	4
Total of all active and inactive participants	2020-01-01	26
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	26
Number of participants with account balances	2020-01-01	23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	24
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	20
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	3
Total of all active and inactive participants	2019-01-01	23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	23
Number of participants with account balances	2019-01-01	21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2009: UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	22
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	24
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	1
Total of all active and inactive participants	2009-01-01	25
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	25
Number of participants with account balances	2009-01-01	19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN

Measure	Date	Value
2021 : UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2021 401k financial data
Transfers to/from the plan	2021-11-18	$0
Total plan liabilities at end of year	2021-11-18	$0
Total plan liabilities at beginning of year	2021-11-18	$0
Total income from all sources	2021-11-18	$533,702
Expenses. Total of all expenses incurred	2021-11-18	$4,094,679
Benefits paid (including direct rollovers)	2021-11-18	$4,071,219
Total plan assets at end of year	2021-11-18	$0
Total plan assets at beginning of year	2021-11-18	$3,560,977
Value of fidelity bond covering the plan	2021-11-18	$296,000
Total contributions received or receivable from participants	2021-11-18	$84,454
Expenses. Other expenses not covered elsewhere	2021-11-18	$0
Contributions received from other sources (not participants or employers)	2021-11-18	$0
Other income received	2021-11-18	$445,917
Noncash contributions received	2021-11-18	$0
Net income (gross income less expenses)	2021-11-18	$-3,560,977
Net plan assets at end of year (total assets less liabilities)	2021-11-18	$0
Net plan assets at beginning of year (total assets less liabilities)	2021-11-18	$3,560,977
Total contributions received or receivable from employer(s)	2021-11-18	$3,331
Value of certain deemed distributions of participant loans	2021-11-18	$0
Value of corrective distributions	2021-11-18	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-11-18	$23,460
2020 : UNIVERSAL BUSINESS SYSTEMS INC. 401K 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	$481,150
Expenses. Total of all expenses incurred	2020-12-31	$69,255
Benefits paid (including direct rollovers)	2020-12-31	$48,250
Total plan assets at end of year	2020-12-31	$3,560,977
Total plan assets at beginning of year	2020-12-31	$3,149,082
Value of fidelity bond covering the plan	2020-12-31	$296,000
Assets. Value of tangible personal property	2020-12-31	$0
Total contributions received or receivable from participants	2020-12-31	$133,558
Assets. Value of loans (other than to participants)	2020-12-31	$0
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$342,083
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$411,895
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$3,560,977
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$3,149,082
Assets. Value of participant loans	2020-12-31	$0
Assets. Value of assets in partnership/joint-venture interests	2020-12-31	$0
Assets. Value of real-estate (other than employer real property)	2020-12-31	$0
Assets. Value of employer securities	2020-12-31	$0
Assets. Value of employer real property	2020-12-31	$0
Total contributions received or receivable from employer(s)	2020-12-31	$5,509
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$21,005
2019 : UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$793,228
Expenses. Total of all expenses incurred	2019-12-31	$445,887
Benefits paid (including direct rollovers)	2019-12-31	$431,355
Total plan assets at end of year	2019-12-31	$3,149,082
Total plan assets at beginning of year	2019-12-31	$2,801,741
Value of fidelity bond covering the plan	2019-12-31	$296,000
Total contributions received or receivable from participants	2019-12-31	$150,617
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$635,450
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$347,341
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$3,149,082
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,801,741
Assets. Value of participant loans	2019-12-31	$14,491
Total contributions received or receivable from employer(s)	2019-12-31	$7,161
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$14,532
2009 : UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN

2021: UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	This submission is the final filing	Yes
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
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: UNIVERSAL BUSINESS SYSTEMS INC. 401K 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: UNIVERSAL BUSINESS SYSTEMS INC. 401K 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
2009: UNIVERSAL BUSINESS SYSTEMS INC. 401K PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	UNIVERSAL BUSINESS SYSTEMS, INC.
Employer identification number (EIN):	222273714
NAIC Classification:	541519
NAIC Description:	Other Computer Related Services