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BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 401k Plan overview

Plan NameBLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN
Plan identification number 001

BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • 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

BLUE SKY 401(K) SPECIALISTS, INC has sponsored the creation of one or more 401k plans.

Company Name:BLUE SKY 401(K) SPECIALISTS, INC
Employer identification number (EIN):813622920
NAIC Classification:541219
NAIC Description:Other Accounting Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01

Plan Statistics for BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN

401k plan membership statisitcs for BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN

Measure Date Value
2023: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-0113
Total number of active participants reported on line 7a of the Form 55002023-01-0111
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-012
Total of all active and inactive participants2023-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-0113
Number of participants with account balances2023-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-011
2022: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0113
Total number of active participants reported on line 7a of the Form 55002022-01-0110
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-012
Total of all active and inactive participants2022-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0112
Number of participants with account balances2022-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011
2021: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0112
Total number of active participants reported on line 7a of the Form 55002021-01-019
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-011
Total of all active and inactive participants2021-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-011
Total participants2021-01-0111
Number of participants with account balances2021-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-019
Total number of active participants reported on line 7a of the Form 55002020-01-018
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-012
Total of all active and inactive participants2020-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0110
Number of participants with account balances2020-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-019
Total number of active participants reported on line 7a of the Form 55002019-01-017
Number of other retired or separated participants entitled to future benefits2019-01-012
Total of all active and inactive participants2019-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-019
Number of participants with account balances2019-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-019
Total number of active participants reported on line 7a of the Form 55002018-01-018
Number of other retired or separated participants entitled to future benefits2018-01-011
Total of all active and inactive participants2018-01-019
Total participants2018-01-019
Number of participants with account balances2018-01-019
2017: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-019
Total number of active participants reported on line 7a of the Form 55002017-01-019
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-019
Number of participants with account balances2017-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-010
Total number of active participants reported on line 7a of the Form 55002016-01-019
Total of all active and inactive participants2016-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-019
Number of participants with account balances2016-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN

Measure Date Value
2023 : BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2023 401k financial data
Total plan liabilities at end of year2023-12-31$473
Total plan liabilities at beginning of year2023-12-31$357
Total income from all sources2023-12-31$299,579
Expenses. Total of all expenses incurred2023-12-31$1,582
Benefits paid (including direct rollovers)2023-12-31$1,582
Total plan assets at end of year2023-12-31$1,262,244
Total plan assets at beginning of year2023-12-31$964,131
Value of fidelity bond covering the plan2023-12-31$1,000,000
Total contributions received or receivable from participants2023-12-31$57,930
Contributions received from other sources (not participants or employers)2023-12-31$38,431
Other income received2023-12-31$184,968
Net income (gross income less expenses)2023-12-31$297,997
Net plan assets at end of year (total assets less liabilities)2023-12-31$1,261,771
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$963,774
Assets. Value of participant loans2023-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022023-12-31$2,285
Assets. Value of employer securities2023-12-31$599,600
Total contributions received or receivable from employer(s)2023-12-31$18,250
2022 : BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2022 401k financial data
Total plan liabilities at end of year2022-12-31$357
Total plan liabilities at beginning of year2022-12-31$425
Total income from all sources2022-12-31$19,610
Expenses. Total of all expenses incurred2022-12-31$291,381
Benefits paid (including direct rollovers)2022-12-31$291,381
Total plan assets at end of year2022-12-31$964,131
Total plan assets at beginning of year2022-12-31$1,235,970
Value of fidelity bond covering the plan2022-12-31$1,000,000
Total contributions received or receivable from participants2022-12-31$75,650
Other income received2022-12-31$-71,533
Net income (gross income less expenses)2022-12-31$-271,771
Net plan assets at end of year (total assets less liabilities)2022-12-31$963,774
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$1,235,545
Assets. Value of participant loans2022-12-31$2,590
Assets. Value of employer securities2022-12-31$509,290
Total contributions received or receivable from employer(s)2022-12-31$15,493
2021 : BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2021 401k financial data
Total plan liabilities at end of year2021-12-31$425
Total plan liabilities at beginning of year2021-12-31$2,437
Total income from all sources2021-12-31$243,846
Expenses. Total of all expenses incurred2021-12-31$26,342
Benefits paid (including direct rollovers)2021-12-31$26,342
Total plan assets at end of year2021-12-31$1,235,970
Total plan assets at beginning of year2021-12-31$1,020,478
Value of fidelity bond covering the plan2021-12-31$1,000,000
Total contributions received or receivable from participants2021-12-31$75,200
Other income received2021-12-31$153,531
Net income (gross income less expenses)2021-12-31$217,504
Net plan assets at end of year (total assets less liabilities)2021-12-31$1,235,545
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$1,018,041
Assets. Value of participant loans2021-12-31$6,301
Assets. Value of employer securities2021-12-31$486,600
Total contributions received or receivable from employer(s)2021-12-31$15,115
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$2,437
Total income from all sources2020-12-31$198,005
Expenses. Total of all expenses incurred2020-12-31$2,437
Total plan assets at end of year2020-12-31$1,020,478
Total plan assets at beginning of year2020-12-31$822,473
Value of fidelity bond covering the plan2020-12-31$1,000,000
Total contributions received or receivable from participants2020-12-31$75,454
Other income received2020-12-31$108,591
Net income (gross income less expenses)2020-12-31$195,568
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,018,041
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$822,473
Assets. Value of participant loans2020-12-31$9,787
Assets. Value of employer securities2020-12-31$601,798
Total contributions received or receivable from employer(s)2020-12-31$13,960
Value of corrective distributions2020-12-31$2,437
2019 : BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2019 401k financial data
Total income from all sources2019-12-31$186,371
Expenses. Total of all expenses incurred2019-12-31$0
Total plan assets at end of year2019-12-31$822,473
Total plan assets at beginning of year2019-12-31$636,102
Value of fidelity bond covering the plan2019-12-31$1,000,000
Total contributions received or receivable from participants2019-12-31$68,490
Other income received2019-12-31$98,577
Net income (gross income less expenses)2019-12-31$186,371
Net plan assets at end of year (total assets less liabilities)2019-12-31$822,473
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$636,102
Assets. Value of participant loans2019-12-31$13,060
Assets. Value of employer securities2019-12-31$559,392
Total contributions received or receivable from employer(s)2019-12-31$19,304
2018 : BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2018 401k financial data
Total income from all sources2018-12-31$148,664
Expenses. Total of all expenses incurred2018-12-31$0
Total plan assets at end of year2018-12-31$636,102
Total plan assets at beginning of year2018-12-31$487,438
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$47,528
Assets. Value of loans (other than to participants)2018-12-31$16,137
Contributions received from other sources (not participants or employers)2018-12-31$34,075
Other income received2018-12-31$51,368
Net income (gross income less expenses)2018-12-31$148,664
Net plan assets at end of year (total assets less liabilities)2018-12-31$636,102
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$487,438
Assets. Value of employer securities2018-12-31$494,505
Total contributions received or receivable from employer(s)2018-12-31$15,693
2017 : BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2017 401k financial data
Total income from all sources2017-12-31$243,122
Expenses. Total of all expenses incurred2017-12-31$0
Total plan assets at end of year2017-12-31$487,438
Total plan assets at beginning of year2017-12-31$244,316
Value of fidelity bond covering the plan2017-12-31$450,000
Total contributions received or receivable from participants2017-12-31$34,812
Other income received2017-12-31$198,399
Net income (gross income less expenses)2017-12-31$243,122
Net plan assets at end of year (total assets less liabilities)2017-12-31$487,438
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$244,316
Assets. Value of employer securities2017-12-31$434,565
Total contributions received or receivable from employer(s)2017-12-31$9,911
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2016 401k financial data
Total income from all sources2016-12-31$244,316
Expenses. Total of all expenses incurred2016-12-31$0
Total plan assets at end of year2016-12-31$244,316
Value of fidelity bond covering the plan2016-12-31$350,000
Total contributions received or receivable from participants2016-12-31$3,622
Contributions received from other sources (not participants or employers)2016-12-31$239,760
Other income received2016-12-31$34
Net income (gross income less expenses)2016-12-31$244,316
Net plan assets at end of year (total assets less liabilities)2016-12-31$244,316
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$0
Assets. Value of employer securities2016-12-31$239,760
Total contributions received or receivable from employer(s)2016-12-31$900

Form 5500 Responses for BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN

2023: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: BLUE SKY 401(K) SPECIALISTS, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01First time form 5500 has been submittedYes
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

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