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COMPASS SOLUTIONS 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameCOMPASS SOLUTIONS 401K PROFIT SHARING PLAN
Plan identification number 002

COMPASS SOLUTIONS 401K PROFIT SHARING PLAN 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.
  • 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

COMPASS SOLUTIONS has sponsored the creation of one or more 401k plans.

Company Name:COMPASS SOLUTIONS
Employer identification number (EIN):522317248
NAIC Classification:541519
NAIC Description:Other Computer Related Services

Additional information about COMPASS SOLUTIONS

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division
Incorporation Date: 2003-02-21
Company Identification Number: 602273383

More information about COMPASS SOLUTIONS

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMPASS SOLUTIONS 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01ANTHONY ONYEWUCHI2024-09-05
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01ANTHONY ONYEWUCHI2015-08-03 ANTHONY ONYEWUCHI2015-08-03
0022014-01-01ANTHONY ONYEWUCHI2015-07-06 ANTHONY ONYEWUCHI2015-07-06
0022013-01-01ANTHONY ONYEWUCHI ANTHONY ONYEWUCHI2014-07-18
0022012-01-01ANTHONY ONYEWUCHI ANTHONY ONYEWUCHI2013-08-29

Plan Statistics for COMPASS SOLUTIONS 401K PROFIT SHARING PLAN

401k plan membership statisitcs for COMPASS SOLUTIONS 401K PROFIT SHARING PLAN

Measure Date Value
2013: COMPASS SOLUTIONS 401K PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-014
Total number of active participants reported on line 7a of the Form 55002013-01-015
Total of all active and inactive participants2013-01-015
Total participants2013-01-015
Number of participants with account balances2013-01-017
2012: COMPASS SOLUTIONS 401K PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-014
Total number of active participants reported on line 7a of the Form 55002012-01-014
Total of all active and inactive participants2012-01-014
Total participants2012-01-014

Financial Data on COMPASS SOLUTIONS 401K PROFIT SHARING PLAN

Measure Date Value
2013 : COMPASS SOLUTIONS 401K PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$73,679
Expenses. Total of all expenses incurred2013-12-31$0
Total plan assets at end of year2013-12-31$131,997
Total plan assets at beginning of year2013-12-31$58,318
Value of fidelity bond covering the plan2013-12-31$20,000
Total contributions received or receivable from participants2013-12-31$47,723
Other income received2013-12-31$4,553
Net income (gross income less expenses)2013-12-31$73,679
Net plan assets at end of year (total assets less liabilities)2013-12-31$131,997
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$58,318
Total contributions received or receivable from employer(s)2013-12-31$21,403
2012 : COMPASS SOLUTIONS 401K PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$58,318
Total plan assets at end of year2012-12-31$58,318
Total plan assets at beginning of year2012-12-31$0
Value of fidelity bond covering the plan2012-12-31$10,000
Total contributions received or receivable from participants2012-12-31$49,569
Net income (gross income less expenses)2012-12-31$58,318
Net plan assets at end of year (total assets less liabilities)2012-12-31$58,318
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$0
Total contributions received or receivable from employer(s)2012-12-31$8,749

Form 5500 Responses for COMPASS SOLUTIONS 401K PROFIT SHARING PLAN

2013: COMPASS SOLUTIONS 401K PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: COMPASS SOLUTIONS 401K PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01First time form 5500 has been submittedYes
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes

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