401k Plan data: THE BILLIT RETIREMENT SAVING PLAN plan

THE BILLIT RETIREMENT SAVING PLAN 401k Plan overview

Plan Name	THE BILLIT RETIREMENT SAVING PLAN
Plan identification number	001

THE BILLIT RETIREMENT SAVING PLAN Benefits

401k Plan Type

Defined 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.
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.
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

BILLIT ACCOUNTING & INFORMATION TECHNOLOGY LLC has sponsored the creation of one or more 401k plans.

Company Name: BILLIT ACCOUNTING & INFORMATION TECHNOLOGY LLC

Employer identification number (EIN): 204804163

NAIC Classification: 623000
NAIC Description: Nursing and Residential Care Facilities

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE BILLIT RETIREMENT SAVING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2019-01-01
001 2009-01-01 JOSEPH WIDMER

Plan Statistics for THE BILLIT RETIREMENT SAVING PLAN

401k plan membership statisitcs for THE BILLIT RETIREMENT SAVING PLAN

Measure Date Value
2019: THE BILLIT RETIREMENT SAVING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 1,285
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 634
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 0
Total of all active and inactive participants 2019-01-01 634
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 634
Number of participants with account balances 2019-01-01 479
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2009: THE BILLIT RETIREMENT SAVING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 42
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 0
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 0
Number of participants with account balances 2009-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2019: THE BILLIT RETIREMENT SAVING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	1,285
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	634
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	0
Total of all active and inactive participants	2019-01-01	634
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	634
Number of participants with account balances	2019-01-01	479
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2009: THE BILLIT RETIREMENT SAVING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	42
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	0
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	0
Number of participants with account balances	2009-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on THE BILLIT RETIREMENT SAVING PLAN

Measure	Date	Value
2019 : THE BILLIT RETIREMENT SAVING PLAN 2019 401k financial data
Total transfer of assets to this plan	2019-12-31	$808,908
Total transfer of assets to this plan	2019-12-31	$808,908
Total income from all sources (including contributions)	2019-12-31	$5,050,713
Total income from all sources (including contributions)	2019-12-31	$5,050,713
Total of all expenses incurred	2019-12-31	$2,647,271
Total of all expenses incurred	2019-12-31	$2,647,271
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$2,509,302
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$2,509,302
Expenses. Certain deemed distributions of participant loans	2019-12-31	$1,899
Expenses. Certain deemed distributions of participant loans	2019-12-31	$1,899
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,551,888
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,551,888
Value of total assets at end of year	2019-12-31	$17,224,059
Value of total assets at end of year	2019-12-31	$17,224,059
Value of total assets at beginning of year	2019-12-31	$14,011,709
Value of total assets at beginning of year	2019-12-31	$14,011,709
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$136,070
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$136,070
Total interest from all sources	2019-12-31	$5,407
Total interest from all sources	2019-12-31	$5,407
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$605,448
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$605,448
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$605,448
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$605,448
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$1,514,762
Contributions received from participants	2019-12-31	$1,514,762
Participant contributions at end of year	2019-12-31	$121,232
Participant contributions at end of year	2019-12-31	$121,232
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$16,846
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$16,846
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$2,403,442
Value of net income/loss	2019-12-31	$2,403,442
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$17,224,059
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$17,224,059
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$14,011,709
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$14,011,709
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$16,740,997
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$16,740,997
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$13,856,281
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$13,856,281
Interest on participant loans	2019-12-31	$3,518
Interest on participant loans	2019-12-31	$3,518
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$361,830
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$361,830
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$155,428
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$155,428
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$155,428
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$155,428
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$1,889
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$1,889
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,887,970
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,887,970
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$20,280
Contributions received in cash from employer	2019-12-31	$20,280
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$2,509,302
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$2,509,302
Contract administrator fees	2019-12-31	$136,070
Contract administrator fees	2019-12-31	$136,070
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-12-31	Yes
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	Yes
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	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	BONADIO & CO, LLP
Accountancy firm name	2019-12-31	BONADIO & CO, LLP
Accountancy firm EIN	2019-12-31	161131146
Accountancy firm EIN	2019-12-31	161131146
2009 : THE BILLIT RETIREMENT SAVING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-03-03	$0

Form 5500 Responses for THE BILLIT RETIREMENT SAVING PLAN

2019: THE BILLIT RETIREMENT SAVING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Mulitple employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2009: THE BILLIT RETIREMENT SAVING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	Yes
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	BILLIT ACCOUNTING & INFORMATION TECHNOLOGY LLC
Employer identification number (EIN):	204804163
NAIC Classification:	623000
NAIC Description:	Nursing and Residential Care Facilities