401k Plan data: FINANCIAL SOLUTIONS GROUP, LLC CASH BALANCE PLAN plan

FINANCIAL SOLUTIONS GROUP, LLC CASH BALANCE PLAN 401k Plan overview

Plan Name	FINANCIAL SOLUTIONS GROUP, LLC CASH BALANCE PLAN
Plan identification number	002

FINANCIAL SOLUTIONS GROUP, LLC CASH BALANCE PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
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

FINANCIAL SOLUTIONS GROUP, LLC has sponsored the creation of one or more 401k plans.

Company Name: FINANCIAL SOLUTIONS GROUP, LLC

Employer identification number (EIN): 841862656

NAIC Classification: 541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FINANCIAL SOLUTIONS GROUP, LLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01

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Company Name:	FINANCIAL SOLUTIONS GROUP, LLC
Employer identification number (EIN):	841862656
NAIC Classification:	541600