401k Plan data: THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING PLAN plan

THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING PLAN 401k Plan overview

Plan Name	THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING PLAN
Plan identification number	001

THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING 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.
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

PROFESSIONAL SALES ASSOCIATES has sponsored the creation of one or more 401k plans.

Company Name: PROFESSIONAL SALES ASSOCIATES

Employer identification number (EIN): 221903737

NAIC Classification: 423400

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 CHARLES MARTIN 2024-09-26
001 2022-01-01 CHARLES MARTIN 2023-09-29
001 2021-01-01 CHARLES MARTIN 2022-09-27
001 2020-01-01
001 2019-01-01 CHARLES MARTIN 2020-09-30
001 2018-01-01 CHARLES MARTIN 2019-10-11
001 2017-01-01 CHARLES MARTIN 2018-10-04
001 2016-01-01 CHARLES MARTIN 2017-09-26
001 2015-01-01 CHARLES MARTIN 2016-09-15
001 2014-01-01 CHARLES MARTIN 2015-10-09
001 2013-01-01 CHARLES MARTIN 2014-07-22
001 2012-01-01 CHARLES MARTIN 2013-08-27
001 2011-01-01 CHARLES MARTIN 2012-10-09
001 2009-01-01 CHARLES MARTIN

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01	CHARLES MARTIN	2024-09-26
001	2022-01-01	CHARLES MARTIN	2023-09-29
001	2021-01-01	CHARLES MARTIN	2022-09-27
001	2020-01-01
001	2019-01-01	CHARLES MARTIN	2020-09-30
001	2018-01-01	CHARLES MARTIN	2019-10-11
001	2017-01-01	CHARLES MARTIN	2018-10-04
001	2016-01-01	CHARLES MARTIN	2017-09-26
001	2015-01-01	CHARLES MARTIN	2016-09-15
001	2014-01-01	CHARLES MARTIN	2015-10-09
001	2013-01-01	CHARLES MARTIN	2014-07-22
001	2012-01-01	CHARLES MARTIN	2013-08-27
001	2011-01-01	CHARLES MARTIN	2012-10-09
001	2009-01-01	CHARLES MARTIN

Plan Statistics for THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING PLAN

401k plan membership statisitcs for THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING PLAN

Measure Date Value
2009: THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 29
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 28
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 1
Total of all active and inactive participants 2009-01-01 29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 29
Number of participants with account balances 2009-01-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2009: THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	29
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	28
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	1
Total of all active and inactive participants	2009-01-01	29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	29
Number of participants with account balances	2009-01-01	29
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 PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING PLAN

Measure	Date	Value
2010 : THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$2,878,576
Expenses. Total of all expenses incurred	2010-12-31	$512,732
Benefits paid (including direct rollovers)	2010-12-31	$463,194
Total plan assets at end of year	2010-12-31	$17,666,133
Total plan assets at beginning of year	2010-12-31	$15,300,289
Value of fidelity bond covering the plan	2010-12-31	$500,000
Total contributions received or receivable from participants	2010-12-31	$429,542
Expenses. Other expenses not covered elsewhere	2010-12-31	$7,248
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$1,419,740
Net income (gross income less expenses)	2010-12-31	$2,365,844
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$17,666,133
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$15,300,289
Assets. Value of participant loans	2010-12-31	$96,676
Total contributions received or receivable from employer(s)	2010-12-31	$1,029,294
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$31,655
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$10,635
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING PLAN

2009: THE PSA, INC. EMPLOYEES SALARY REDUCTION AND PROFIT SHARING 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	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
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

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

86784

Policy instance

Insurance contract or identification number	86784
Number of Individuals Covered	30
Insurance policy start date	2010-01-01
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $41,987
Total amount of fees paid to insurance company	USD $7,357
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 plan	No
Contracts With Unallocated Funds Deposit Administration	0
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 Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $41,987
Amount paid for insurance broker fees	30
Additional information about fees paid to insurance broker	BROKER COMMISSION
Insurance broker organization code?	3
Insurance broker name	FIDELITY MANAGEMENT & RESEARCH COMP

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

032054575

Policy instance

Insurance contract or identification number	032054575
Number of Individuals Covered	2
Insurance policy start date	2010-01-01
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $615
Total amount of fees paid to insurance company	USD $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 plan	No
Contracts With Unallocated Funds Deposit Administration	0
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 Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $362
Additional information about fees paid to insurance broker	COMMISSIONS
Insurance broker organization code?	3
Insurance broker name	CHAMBERS CRAIG DOUGLAS

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Company Name:	PROFESSIONAL SALES ASSOCIATES
Employer identification number (EIN):	221903737
NAIC Classification:	423400