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PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NamePAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN
Plan identification number 001

PAYROLL SOLUTIONS RETIREMENT SAVINGS 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.
  • 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.
  • Unknown benefit code

401k Sponsoring company profile

PAYROLL SOLUTIONS III, INC. has sponsored the creation of one or more 401k plans.

Company Name:PAYROLL SOLUTIONS III, INC.
Employer identification number (EIN):880484098
NAIC Classification:541214
NAIC Description:Payroll Services

Additional information about PAYROLL SOLUTIONS III, INC.

Jurisdiction of Incorporation: Nevada Department of State
Incorporation Date: 2001-01-12
Company Identification Number: 20011186111
Legal Registered Office Address: 7730 W CHEYENNE AVE #112

LAS VEGAS
United States of America (USA)
89129

More information about PAYROLL SOLUTIONS III, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MICHAEL R. MORRISON2024-07-01 MICHAEL R. MORRISON2024-07-01
0012022-01-01MICHAEL R. MORRISON2023-06-29 MICHAEL R. MORRISON2023-06-29
0012021-01-01
0012020-01-01MICHAEL R. MORRISON2021-10-12 MICHAEL R. MORRISON2021-10-12
0012019-01-01MICHAEL R. MORRISON2020-10-08 MICHAEL R. MORRISON2020-10-08
0012018-01-01MICHAEL R. MORRISON2019-10-14
0012018-01-01MICHAEL R. MORRISON2019-10-14
0012017-01-01MICHAEL R. MORRISON2018-10-14 MICHAEL R. MORRISON2018-10-14
0012016-01-01MICHAEL R. MORRISON2017-05-02 MICHAEL R. MORRISON2017-05-02
0012015-01-01MICHAEL R. MORRISON MICHAEL R. MORRISON2016-09-16
0012014-01-01MICHAEL R. MORRISON MICHAEL R. MORRISON2015-09-12
0012013-01-01MICHAEL R. MORRISON
0012012-01-01MICHAEL R. MORRISON
0012011-01-01MICHAEL R. MORRISON MICHAEL R. MORRISON2012-09-13

Plan Statistics for PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN

Measure Date Value
2018: PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01127
Total number of active participants reported on line 7a of the Form 55002018-01-0192
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0130
Total of all active and inactive participants2018-01-01122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01122
Number of participants with account balances2018-01-0186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2015: PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01112
Total number of active participants reported on line 7a of the Form 55002015-01-0139
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0134
Total of all active and inactive participants2015-01-0173
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0173
Number of participants with account balances2015-01-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01114
Total number of active participants reported on line 7a of the Form 55002014-01-0173
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0139
Total of all active and inactive participants2014-01-01112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01112
Number of participants with account balances2014-01-0167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01122
Total number of active participants reported on line 7a of the Form 55002013-01-0176
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0137
Total of all active and inactive participants2013-01-01113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01113
Number of participants with account balances2013-01-0163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01164
Total number of active participants reported on line 7a of the Form 55002012-01-0191
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0151
Total of all active and inactive participants2012-01-01142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01142
Number of participants with account balances2012-01-0180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011,255
Total number of active participants reported on line 7a of the Form 55002011-01-0172
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0182
Total of all active and inactive participants2011-01-01154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01154
Number of participants with account balances2011-01-01120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-017

Financial Data on PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN

Measure Date Value
2018 : PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$381,964
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$114,233
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$77,916
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$477,449
Value of total assets at end of year2018-12-31$2,574,735
Value of total assets at beginning of year2018-12-31$2,307,004
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$36,317
Total interest from all sources2018-12-31$2,973
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$51,729
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$51,729
Was this plan covered by a fidelity bond2018-12-31No
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$258,148
Participant contributions at end of year2018-12-31$66,207
Participant contributions at beginning of year2018-12-31$45,924
Participant contributions at end of year2018-12-31$15,515
Participant contributions at beginning of year2018-12-31$52,568
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$814
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$436
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$267,731
Value of net assets at end of year (total assets less liabilities)2018-12-31$2,574,735
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$2,307,004
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$4,802
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$2,483,431
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$2,189,821
Value of interest in pooled separate accounts at end of year2018-12-31$3,406
Value of interest in pooled separate accounts at beginning of year2018-12-31$3,715
Interest on participant loans2018-12-31$2,973
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-149,934
Net investment gain/loss from pooled separate accounts2018-12-31$-253
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$219,301
Employer contributions (assets) at end of year2018-12-31$5,362
Employer contributions (assets) at beginning of year2018-12-31$14,540
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$77,916
Contract administrator fees2018-12-31$31,515
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31SCOTT SKIBBIE INCORPORATED
Accountancy firm EIN2018-12-31270851321
2015 : PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total transfer of assets from this plan2015-12-31$454,990
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$164,008
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$100,917
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$73,643
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$164,894
Value of total assets at end of year2015-12-31$1,164,080
Value of total assets at beginning of year2015-12-31$1,555,979
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$27,274
Total interest from all sources2015-12-31$3,796
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$25,525
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$25,525
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$110,862
Participant contributions at end of year2015-12-31$59,165
Participant contributions at beginning of year2015-12-31$98,537
Participant contributions at end of year2015-12-31$4,334
Participant contributions at beginning of year2015-12-31$4,084
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$936
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$1,041
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$63,091
Value of net assets at end of year (total assets less liabilities)2015-12-31$1,164,080
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$1,555,979
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$3,401
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$1,094,764
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$1,446,895
Value of interest in pooled separate accounts at end of year2015-12-31$2,954
Value of interest in pooled separate accounts at beginning of year2015-12-31$3,038
Interest on participant loans2015-12-31$3,796
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-30,189
Net investment gain/loss from pooled separate accounts2015-12-31$-18
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$54,032
Employer contributions (assets) at end of year2015-12-31$1,927
Employer contributions (assets) at beginning of year2015-12-31$2,384
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$73,643
Contract administrator fees2015-12-31$23,873
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31Yes
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31SCOTT SKIBBIE, INC.
Accountancy firm EIN2015-12-31270851321
2014 : PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$273,278
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$76,598
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$51,605
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$153,260
Value of total assets at end of year2014-12-31$1,555,979
Value of total assets at beginning of year2014-12-31$1,359,299
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$24,993
Total interest from all sources2014-12-31$3,861
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$21,849
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$21,849
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$99,719
Participant contributions at end of year2014-12-31$98,537
Participant contributions at beginning of year2014-12-31$117,736
Participant contributions at end of year2014-12-31$4,084
Participant contributions at beginning of year2014-12-31$3,294
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$1,041
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$2,368
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$196,680
Value of net assets at end of year (total assets less liabilities)2014-12-31$1,555,979
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$1,359,299
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$3,066
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$1,446,895
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$1,214,404
Value of interest in pooled separate accounts at end of year2014-12-31$3,038
Value of interest in pooled separate accounts at beginning of year2014-12-31$19,494
Interest on participant loans2014-12-31$3,861
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$1
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$94,017
Net investment gain/loss from pooled separate accounts2014-12-31$291
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$53,541
Employer contributions (assets) at end of year2014-12-31$2,384
Employer contributions (assets) at beginning of year2014-12-31$2,002
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$51,605
Contract administrator fees2014-12-31$21,927
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31SCOTT SKIBBIE, INC.
Accountancy firm EIN2014-12-31270851321
2013 : PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total transfer of assets from this plan2013-12-31$78,301
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$348,306
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$355,110
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$328,629
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$130,132
Value of total assets at end of year2013-12-31$1,359,299
Value of total assets at beginning of year2013-12-31$1,444,404
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$26,481
Total interest from all sources2013-12-31$4,534
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$36,529
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$36,529
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$46,346
Participant contributions at end of year2013-12-31$117,736
Participant contributions at beginning of year2013-12-31$124,387
Participant contributions at end of year2013-12-31$3,294
Participant contributions at beginning of year2013-12-31$8,848
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$2,368
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$1,377
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$-6,804
Value of net assets at end of year (total assets less liabilities)2013-12-31$1,359,299
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$1,444,404
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$2,922
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$1,214,404
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$1,292,813
Value of interest in pooled separate accounts at end of year2013-12-31$19,494
Value of interest in pooled separate accounts at beginning of year2013-12-31$14,887
Interest on participant loans2013-12-31$4,534
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$1
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$1
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$172,304
Net investment gain/loss from pooled separate accounts2013-12-31$4,807
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$83,786
Employer contributions (assets) at end of year2013-12-31$2,002
Employer contributions (assets) at beginning of year2013-12-31$2,091
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$328,629
Contract administrator fees2013-12-31$23,559
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31SKIBBIE & COMPANY, INC.
Accountancy firm EIN2013-12-31205413691
2012 : PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total transfer of assets from this plan2012-12-31$469,170
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$351,505
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$102,931
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$76,406
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$179,444
Value of total assets at end of year2012-12-31$1,444,404
Value of total assets at beginning of year2012-12-31$1,665,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$26,525
Total interest from all sources2012-12-31$3,269
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$29,064
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$29,064
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$121,065
Participant contributions at end of year2012-12-31$124,387
Participant contributions at beginning of year2012-12-31$86,110
Participant contributions at end of year2012-12-31$8,848
Participant contributions at beginning of year2012-12-31$5,028
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$1,377
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$904
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$248,574
Value of net assets at end of year (total assets less liabilities)2012-12-31$1,444,404
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,665,000
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$1,552
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$1,292,813
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$1,546,528
Value of interest in pooled separate accounts at end of year2012-12-31$14,887
Value of interest in pooled separate accounts at beginning of year2012-12-31$23,285
Interest on participant loans2012-12-31$3,269
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$1
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$1
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$137,337
Net investment gain/loss from pooled separate accounts2012-12-31$2,391
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$58,379
Employer contributions (assets) at end of year2012-12-31$2,091
Employer contributions (assets) at beginning of year2012-12-31$3,144
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$76,406
Contract administrator fees2012-12-31$24,973
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31SKIBBIE & COMPANY, INC.
Accountancy firm EIN2012-12-31205413691
2011 : PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total transfer of assets from this plan2011-12-31$3,414,996
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$336,157
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$912,405
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$838,746
Value of total corrective distributions2011-12-31$16,982
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$267,465
Value of total assets at end of year2011-12-31$1,665,000
Value of total assets at beginning of year2011-12-31$5,656,244
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$56,677
Total interest from all sources2011-12-31$3,209
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$63,766
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$63,766
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$202,886
Participant contributions at end of year2011-12-31$86,110
Participant contributions at beginning of year2011-12-31$244,542
Participant contributions at end of year2011-12-31$5,028
Participant contributions at beginning of year2011-12-31$42,392
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$904
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$3,517
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-576,248
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,665,000
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$5,656,244
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$5,377
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$1,546,528
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$5,284,440
Value of interest in pooled separate accounts at end of year2011-12-31$23,285
Value of interest in pooled separate accounts at beginning of year2011-12-31$23,018
Interest on participant loans2011-12-31$3,209
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$1
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$1
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$1,449
Net investment gain/loss from pooled separate accounts2011-12-31$268
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$64,579
Employer contributions (assets) at end of year2011-12-31$3,144
Employer contributions (assets) at beginning of year2011-12-31$58,334
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$838,746
Contract administrator fees2011-12-31$51,300
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31SKIBBIE & COMPANY, INC.
Accountancy firm EIN2011-12-31205413691

Form 5500 Responses for PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN

2018: PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entityMulitple 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
2015: PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 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 – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entityMulitple employer plan
2014-01-01Submission has been amendedNo
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 – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entityMulitple 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: PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entityMulitple employer plan
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
2011: PAYROLL SOLUTIONS RETIREMENT SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entityMulitple employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberGP 86420
Policy instance 1
Insurance contract or identification numberGP 86420
Number of Individuals Covered0
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberMULTIPLE
Policy instance 1
Insurance contract or identification numberMULTIPLE
Number of Individuals Covered3
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $7
Total amount of fees paid to insurance companyUSD $64
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $7
Amount paid for insurance broker fees0
Insurance broker organization code?4
Additional information about fees paid to insurance brokerNON-MONETARY COMPENSATION TO SALES REP
Insurance broker nameSLAVIC INTERGRATED
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberMULTIPLE
Policy instance 1
Insurance contract or identification numberMULTIPLE
Number of Individuals Covered3
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract number350472300
Policy instance 1
Insurance contract or identification number350472300
Number of Individuals Covered3
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract number350472300
Policy instance 1
Insurance contract or identification number350472300
Number of Individuals Covered2
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract number350472300
Policy instance 1
Insurance contract or identification number350472300
Number of Individuals Covered3
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No

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