401k Plan data: PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN plan

PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN 401k Plan overview

Plan Name	PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN
Plan identification number	001

PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN Benefits

401k Plan Type

Defined 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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PARKING AND TRANSPORTATION MANAGEMENT SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name: PARKING AND TRANSPORTATION MANAGEMENT SERVICES, INC.

Employer identification number (EIN): 263686990

NAIC Classification: 485410
NAIC Description: School and Employee Bus Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01 CHRISTOPHER ANDERSON 2021-10-07
001 2019-01-01 CHRISTOPHER ANDERSON 2020-07-17 CHRISTOPHER ANDERSON 2020-07-17
001 2018-06-01 CHRISTOPHER ANDERSON 2019-04-15 CHRISTOPHER ANDERSON 2019-04-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01	CHRISTOPHER ANDERSON	2021-10-07
001	2019-01-01	CHRISTOPHER ANDERSON	2020-07-17	CHRISTOPHER ANDERSON	2020-07-17
001	2018-06-01	CHRISTOPHER ANDERSON	2019-04-15	CHRISTOPHER ANDERSON	2019-04-15

Plan Statistics for PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN

401k plan membership statisitcs for PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN

Measure Date Value
2022: PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 382
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 373
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 9
Total of all active and inactive participants 2022-01-01 382
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 382
Number of participants with account balances 2022-01-01 109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 222
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 346
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 8
Total of all active and inactive participants 2021-01-01 354
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 354
Number of participants with account balances 2021-01-01 96
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0

Measure	Date	Value
2022: PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	382
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	373
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	9
Total of all active and inactive participants	2022-01-01	382
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	382
Number of participants with account balances	2022-01-01	109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	222
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	346
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	8
Total of all active and inactive participants	2021-01-01	354
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	354
Number of participants with account balances	2021-01-01	96
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0

Financial Data on PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN

Measure	Date	Value
2022 : PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$799,783
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$282,527
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$261,704
Value of total corrective distributions	2022-12-31	$761
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,041,434
Value of total assets at end of year	2022-12-31	$1,730,783
Value of total assets at beginning of year	2022-12-31	$1,213,527
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$20,062
Total interest from all sources	2022-12-31	$480
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$1,988
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$1,988
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$124,924
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$553,115
Participant contributions at end of year	2022-12-31	$18,096
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$207,641
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$517,256
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$1,730,783
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$1,213,527
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$175,819
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$47,657
Interest on participant loans	2022-12-31	$480
Value of interest in common/collective trusts at end of year	2022-12-31	$1,536,868
Value of interest in common/collective trusts at beginning of year	2022-12-31	$1,165,870
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-12,683
Net investment gain or loss from common/collective trusts	2022-12-31	$-231,436
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$280,678
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$261,704
Contract administrator fees	2022-12-31	$20,062
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	SWEENEY CONRAD, P.S.
Accountancy firm EIN	2022-12-31	911301672
2021 : PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$1,097,173
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$28,107
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$9,416
Value of total corrective distributions	2021-12-31	$7,039
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,007,399
Value of total assets at end of year	2021-12-31	$1,213,527
Value of total assets at beginning of year	2021-12-31	$144,461
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$11,652
Total interest from all sources	2021-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$349
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$349
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$25,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$354,232
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$507,593
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2021-12-31	$750
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,069,066
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$1,213,527
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$144,461
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$47,657
Value of interest in common/collective trusts at end of year	2021-12-31	$1,165,870
Value of interest in common/collective trusts at beginning of year	2021-12-31	$144,461
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$2,034
Net investment gain/loss from pooled separate accounts	2021-12-31	$10
Net investment gain or loss from common/collective trusts	2021-12-31	$87,381
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$145,574
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$8,666
Contract administrator fees	2021-12-31	$11,652
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	SWEENEY CONRAD, P.S.
Accountancy firm EIN	2021-12-31	911301672

Form 5500 Responses for PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN

2022: PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: PARKING & TRANSPORTATION MANAGEMENT SERVICES, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

532261

Policy instance

Insurance contract or identification number	532261
Number of Individuals Covered	382
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

532261

Policy instance

Insurance contract or identification number	532261
Number of Individuals Covered	354
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	PARKING AND TRANSPORTATION MANAGEMENT SERVICES, INC.
Employer identification number (EIN):	263686990
NAIC Classification:	485410
NAIC Description:	School and Employee Bus Transportation