PAYROLL ASSOCIATES, LLC has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2015 : PAYCHOICE 401(K) PLAN 2015 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2015-07-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-07-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-07-31 | $472,013 |
Total income from all sources (including contributions) | 2015-07-31 | $5,188 |
Total loss/gain on sale of assets | 2015-07-31 | $0 |
Total of all expenses incurred | 2015-07-31 | $4,067,997 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-07-31 | $4,067,278 |
Value of total corrective distributions | 2015-07-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-07-31 | $0 |
Value of total assets at end of year | 2015-07-31 | $0 |
Value of total assets at beginning of year | 2015-07-31 | $4,534,822 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-07-31 | $719 |
Total interest from all sources | 2015-07-31 | $1 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-07-31 | $1,055 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-07-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2015-07-31 | $0 |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-07-31 | $1,055 |
Administrative expenses professional fees incurred | 2015-07-31 | $719 |
Was this plan covered by a fidelity bond | 2015-07-31 | Yes |
Value of fidelity bond cover | 2015-07-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2015-07-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-07-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-07-31 | No |
Participant contributions at end of year | 2015-07-31 | $0 |
Participant contributions at beginning of year | 2015-07-31 | $35,945 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-07-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-07-31 | $2,090 |
Total non interest bearing cash at end of year | 2015-07-31 | $0 |
Total non interest bearing cash at beginning of year | 2015-07-31 | $472,013 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-07-31 | No |
Value of net income/loss | 2015-07-31 | $-4,062,809 |
Value of net assets at end of year (total assets less liabilities) | 2015-07-31 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-07-31 | $4,062,809 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-07-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-07-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-07-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-07-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-07-31 | $3,444,160 |
Interest on participant loans | 2015-07-31 | $0 |
Value of interest in common/collective trusts at end of year | 2015-07-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2015-07-31 | $488,735 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-07-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-07-31 | $93,969 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-07-31 | $93,969 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-07-31 | $1 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-07-31 | $5,259 |
Net investment gain or loss from common/collective trusts | 2015-07-31 | $-1,127 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-07-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-07-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-07-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-07-31 | $4,067,278 |
Liabilities. Value of benefit claims payable at end of year | 2015-07-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2015-07-31 | $469,923 |
Did the plan have assets held for investment | 2015-07-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-07-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-07-31 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-07-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-07-31 | Disclaimer |
Accountancy firm name | 2015-07-31 | BATCHELOR FRECHETTE MCCRORY MICHAEL |
Accountancy firm EIN | 2015-07-31 | 050487888 |