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EMPLOY SOURCE INC. 401(K) PLAN 401k Plan overview

Plan NameEMPLOY SOURCE INC. 401(K) PLAN
Plan identification number 333

EMPLOY SOURCE INC. 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • 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.
  • Unknown benefit code

401k Sponsoring company profile

EMPLOY SOURCE, INC has sponsored the creation of one or more 401k plans.

Company Name:EMPLOY SOURCE, INC
Employer identification number (EIN):270477134
NAIC Classification:561300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOY SOURCE INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
3332022-01-01
3332021-01-01
3332020-01-01
3332019-01-01
3332018-01-01
3332017-01-01JOEL RANDAZZO
3332016-01-01JOEL RANDAZZO
3332015-01-01JOEL RANDAZZO
3332014-01-01JOEL RANDAZZO2015-09-09
3332011-01-01JOEL RANDAZZO2012-06-07 JOEL RANDAZZO2012-06-07
3332010-01-01JOHN WOLFE2011-10-17

Plan Statistics for EMPLOY SOURCE INC. 401(K) PLAN

401k plan membership statisitcs for EMPLOY SOURCE INC. 401(K) PLAN

Measure Date Value
2022: EMPLOY SOURCE INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01553
Total number of active participants reported on line 7a of the Form 55002022-01-01370
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-0155
Total of all active and inactive participants2022-01-01426
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01426
Number of participants with account balances2022-01-01209
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-013
2021: EMPLOY SOURCE INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01317
Total number of active participants reported on line 7a of the Form 55002021-01-01468
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-0150
Total of all active and inactive participants2021-01-01519
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01519
Number of participants with account balances2021-01-01188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-011
2020: EMPLOY SOURCE INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01411
Total number of active participants reported on line 7a of the Form 55002020-01-01265
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0140
Total of all active and inactive participants2020-01-01305
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01305
Number of participants with account balances2020-01-01166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-014
2019: EMPLOY SOURCE INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01257
Total number of active participants reported on line 7a of the Form 55002019-01-01365
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0130
Total of all active and inactive participants2019-01-01395
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01395
Number of participants with account balances2019-01-01147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-014
2018: EMPLOY SOURCE INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01251
Total number of active participants reported on line 7a of the Form 55002018-01-01216
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0131
Total of all active and inactive participants2018-01-01247
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01247
Number of participants with account balances2018-01-01145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-014
2017: EMPLOY SOURCE INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01151
Total number of active participants reported on line 7a of the Form 55002017-01-01198
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0128
Total of all active and inactive participants2017-01-01226
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01226
Number of participants with account balances2017-01-01122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-013
2016: EMPLOY SOURCE INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01185
Total number of active participants reported on line 7a of the Form 55002016-01-01134
Number of other retired or separated participants entitled to future benefits2016-01-0113
Total of all active and inactive participants2016-01-01147
Total participants2016-01-01147
Number of participants with account balances2016-01-0170
2015: EMPLOY SOURCE INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01155
Total number of active participants reported on line 7a of the Form 55002015-01-01176
Number of other retired or separated participants entitled to future benefits2015-01-017
Total of all active and inactive participants2015-01-01183
Total participants2015-01-01183
Number of participants with account balances2015-01-0160

Financial Data on EMPLOY SOURCE INC. 401(K) PLAN

Measure Date Value
2022 : EMPLOY SOURCE INC. 401(K) PLAN 2022 401k financial data
Total transfer of assets from this plan2022-12-31$970,098
Total income from all sources (including contributions)2022-12-31$206,752
Total of all expenses incurred2022-12-31$233,850
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$183,591
Value of total corrective distributions2022-12-31$2,247
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,598,518
Value of total assets at end of year2022-12-31$7,361,030
Value of total assets at beginning of year2022-12-31$8,358,226
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$48,012
Total interest from all sources2022-12-31$5,587
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$300,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,086,424
Participant contributions at end of year2022-12-31$105,037
Participant contributions at beginning of year2022-12-31$91,538
Participant contributions at end of year2022-12-31$59,505
Participant contributions at beginning of year2022-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$124,724
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$217
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$36
Administrative expenses (other) incurred2022-12-31$48,012
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-27,098
Value of net assets at end of year (total assets less liabilities)2022-12-31$7,361,030
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$8,358,226
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in pooled separate accounts at end of year2022-12-31$6,840,877
Value of interest in pooled separate accounts at beginning of year2022-12-31$8,156,621
Interest on participant loans2022-12-31$4,136
Interest earned on other investments2022-12-31$1,451
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$329,400
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$108,947
Net investment gain/loss from pooled separate accounts2022-12-31$-1,397,353
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$387,370
Employer contributions (assets) at end of year2022-12-31$25,994
Employer contributions (assets) at beginning of year2022-12-31$1,084
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$183,591
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31No
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31FORVIS, LLP
Accountancy firm EIN2022-12-31440160260
2021 : EMPLOY SOURCE INC. 401(K) PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$2,124,398
Total of all expenses incurred2021-12-31$230,636
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$172,799
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,265,523
Value of total assets at end of year2021-12-31$8,358,226
Value of total assets at beginning of year2021-12-31$6,464,464
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$57,837
Total interest from all sources2021-12-31$3,876
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$300,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$857,112
Participant contributions at end of year2021-12-31$91,538
Participant contributions at beginning of year2021-12-31$79,550
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$170,007
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$36
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$389
Administrative expenses (other) incurred2021-12-31$57,837
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,893,762
Value of net assets at end of year (total assets less liabilities)2021-12-31$8,358,226
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$6,464,464
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in pooled separate accounts at end of year2021-12-31$8,156,621
Value of interest in pooled separate accounts at beginning of year2021-12-31$6,289,537
Interest on participant loans2021-12-31$3,113
Interest earned on other investments2021-12-31$763
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$108,947
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$89,200
Net investment gain/loss from pooled separate accounts2021-12-31$854,999
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$238,404
Employer contributions (assets) at end of year2021-12-31$1,084
Employer contributions (assets) at beginning of year2021-12-31$5,788
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$172,799
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31FORVIS, LLP
Accountancy firm EIN2021-12-31440160260
2020 : EMPLOY SOURCE INC. 401(K) PLAN 2020 401k financial data
Total transfer of assets to this plan2020-12-31$630,311
Total income from all sources (including contributions)2020-12-31$1,946,825
Total of all expenses incurred2020-12-31$171,607
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$132,178
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,074,293
Value of total assets at end of year2020-12-31$6,464,464
Value of total assets at beginning of year2020-12-31$4,058,935
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$39,429
Total interest from all sources2020-12-31$3,950
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$300,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$716,408
Participant contributions at end of year2020-12-31$79,550
Participant contributions at beginning of year2020-12-31$41,194
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$179
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$389
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$46
Administrative expenses (other) incurred2020-12-31$39,429
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,775,218
Value of net assets at end of year (total assets less liabilities)2020-12-31$6,464,464
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$4,058,935
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in pooled separate accounts at end of year2020-12-31$6,289,537
Value of interest in pooled separate accounts at beginning of year2020-12-31$3,969,390
Interest on participant loans2020-12-31$3,280
Interest earned on other investments2020-12-31$670
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$89,200
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$47,979
Net investment gain/loss from pooled separate accounts2020-12-31$868,582
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$357,706
Employer contributions (assets) at end of year2020-12-31$5,788
Employer contributions (assets) at beginning of year2020-12-31$326
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$132,178
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31No
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31BKD, LLP
Accountancy firm EIN2020-12-31440160260
2019 : EMPLOY SOURCE INC. 401(K) PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$1,877,252
Total of all expenses incurred2019-12-31$898,694
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$864,474
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,110,932
Value of total assets at end of year2019-12-31$4,058,935
Value of total assets at beginning of year2019-12-31$3,080,377
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$34,220
Total interest from all sources2019-12-31$3,463
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$300,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$616,709
Participant contributions at end of year2019-12-31$41,194
Participant contributions at beginning of year2019-12-31$58,342
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$285,824
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$46
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$81
Administrative expenses (other) incurred2019-12-31$34,220
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$978,558
Value of net assets at end of year (total assets less liabilities)2019-12-31$4,058,935
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,080,377
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in pooled separate accounts at end of year2019-12-31$3,969,390
Value of interest in pooled separate accounts at beginning of year2019-12-31$2,952,595
Interest on participant loans2019-12-31$2,788
Interest earned on other investments2019-12-31$675
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$47,979
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$69,075
Net investment gain/loss from pooled separate accounts2019-12-31$762,857
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$208,399
Employer contributions (assets) at end of year2019-12-31$326
Employer contributions (assets) at beginning of year2019-12-31$284
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$864,474
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31BKD, LLP
Accountancy firm EIN2019-12-31440160260
2018 : EMPLOY SOURCE INC. 401(K) PLAN 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$529,284
Total of all expenses incurred2018-12-31$62,043
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$34,694
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$752,793
Value of total assets at end of year2018-12-31$3,080,377
Value of total assets at beginning of year2018-12-31$2,613,136
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$27,349
Total interest from all sources2018-12-31$3,631
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$300,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$512,207
Participant contributions at end of year2018-12-31$58,342
Participant contributions at beginning of year2018-12-31$82,304
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$70,093
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$81
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Administrative expenses (other) incurred2018-12-31$27,349
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$467,241
Value of net assets at end of year (total assets less liabilities)2018-12-31$3,080,377
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$2,613,136
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
Value of interest in pooled separate accounts at end of year2018-12-31$2,952,595
Value of interest in pooled separate accounts at beginning of year2018-12-31$2,476,135
Interest on participant loans2018-12-31$3,087
Interest earned on other investments2018-12-31$544
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$69,075
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$54,697
Net investment gain/loss from pooled separate accounts2018-12-31$-227,140
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$170,493
Employer contributions (assets) at end of year2018-12-31$284
Employer contributions (assets) at beginning of year2018-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$34,694
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
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 name2018-12-31BKD, LLP
Accountancy firm EIN2018-12-31440160260
2017 : EMPLOY SOURCE INC. 401(K) PLAN 2017 401k financial data
Total transfer of assets to this plan2017-12-31$569,313
Total income from all sources (including contributions)2017-12-31$804,435
Total of all expenses incurred2017-12-31$153,958
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$129,903
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$489,270
Value of total assets at end of year2017-12-31$2,613,136
Value of total assets at beginning of year2017-12-31$1,393,346
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$24,055
Total interest from all sources2017-12-31$3,102
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$100,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$382,765
Participant contributions at end of year2017-12-31$82,304
Participant contributions at beginning of year2017-12-31$33,308
Administrative expenses (other) incurred2017-12-31$24,055
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$650,477
Value of net assets at end of year (total assets less liabilities)2017-12-31$2,613,136
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$1,393,346
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in pooled separate accounts at end of year2017-12-31$2,476,135
Value of interest in pooled separate accounts at beginning of year2017-12-31$1,300,886
Interest on participant loans2017-12-31$2,741
Interest earned on other investments2017-12-31$361
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$54,697
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$59,152
Net investment gain/loss from pooled separate accounts2017-12-31$312,063
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$106,505
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$129,903
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31BKD, LLP
Accountancy firm EIN2017-12-31440160260
2016 : EMPLOY SOURCE INC. 401(K) PLAN 2016 401k financial data
Total transfer of assets from this plan2016-12-31$38,251
Total income from all sources (including contributions)2016-12-31$401,040
Total of all expenses incurred2016-12-31$71,343
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$40,303
Value of total corrective distributions2016-12-31$16,450
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$315,220
Value of total assets at end of year2016-12-31$1,393,346
Value of total assets at beginning of year2016-12-31$1,101,900
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$14,590
Total interest from all sources2016-12-31$1,178
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$100,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$244,534
Participant contributions at end of year2016-12-31$33,308
Participant contributions at beginning of year2016-12-31$32,622
Participant contributions at beginning of year2016-12-31$12,683
Other income not declared elsewhere2016-12-31$428
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$329,697
Value of net assets at end of year (total assets less liabilities)2016-12-31$1,393,346
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$1,101,900
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in pooled separate accounts at end of year2016-12-31$1,300,886
Value of interest in pooled separate accounts at beginning of year2016-12-31$1,010,473
Interest on participant loans2016-12-31$1,178
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$59,152
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$46,122
Net investment gain/loss from pooled separate accounts2016-12-31$84,214
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$70,686
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$40,303
Contract administrator fees2016-12-31$14,590
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31BKD, LLP
Accountancy firm EIN2016-12-31440160260
2015 : EMPLOY SOURCE INC. 401(K) PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$354,544
Total of all expenses incurred2015-12-31$82,256
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$37,759
Value of total corrective distributions2015-12-31$31,910
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$371,099
Value of total assets at end of year2015-12-31$1,101,900
Value of total assets at beginning of year2015-12-31$829,612
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$12,587
Total interest from all sources2015-12-31$1,512
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$100,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$270,363
Participant contributions at end of year2015-12-31$32,622
Participant contributions at beginning of year2015-12-31$40,602
Participant contributions at end of year2015-12-31$12,683
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$52,092
Other income not declared elsewhere2015-12-31$341
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$272,288
Value of net assets at end of year (total assets less liabilities)2015-12-31$1,101,900
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$829,612
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
Value of interest in pooled separate accounts at end of year2015-12-31$1,010,473
Value of interest in pooled separate accounts at beginning of year2015-12-31$789,010
Interest on participant loans2015-12-31$1,512
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$46,122
Net investment gain/loss from pooled separate accounts2015-12-31$-18,408
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$48,644
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$37,759
Contract administrator fees2015-12-31$12,587
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)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31BKD, LLP
Accountancy firm EIN2015-12-31440160260

Form 5500 Responses for EMPLOY SOURCE INC. 401(K) PLAN

2022: EMPLOY SOURCE INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entityMulitple employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: EMPLOY SOURCE INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entityMulitple employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: EMPLOY SOURCE INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entityMulitple employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: EMPLOY SOURCE INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entityMulitple employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: EMPLOY SOURCE INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entityMulitple employer plan
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: EMPLOY SOURCE INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entityMulitple employer plan
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: EMPLOY SOURCE INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entityMulitple employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: EMPLOY SOURCE INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entityMulitple employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932298
Policy instance 1
Insurance contract or identification number932298
Number of Individuals Covered209
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $28,613
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $20,229
Insurance broker organization code?3
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932298
Policy instance 1
Insurance contract or identification number932298
Number of Individuals Covered188
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $37,085
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $26,612
Insurance broker organization code?3
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932298
Policy instance 1
Insurance contract or identification number932298
Number of Individuals Covered166
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $22,817
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $15,053
Insurance broker organization code?3
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932298
Policy instance 1
Insurance contract or identification number932298
Number of Individuals Covered147
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $18,916
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $12,585
Insurance broker organization code?3
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932298
Policy instance 1
Insurance contract or identification number932298
Number of Individuals Covered145
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $14,348
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $9,233
Insurance broker organization code?3
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932298
Policy instance 1
Insurance contract or identification number932298
Number of Individuals Covered122
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $9,865
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $5,764
Insurance broker organization code?3
Insurance broker nameTRIAD INSURANCE INC
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932298
Policy instance 1
Insurance contract or identification number932298
Number of Individuals Covered60
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $4,790
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,975
Insurance broker organization code?3
Insurance broker nameSECURIAN FINANCIAL SERVICES INC

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