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WATERMARK SERVICES IV, LLC 401(K) PLAN 401k Plan overview

Plan NameWATERMARK SERVICES IV, LLC 401(K) PLAN
Plan identification number 003

WATERMARK SERVICES IV, LLC 401(K) PLAN Benefits

401k Plan TypeDefined 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

WATERMARK SERVICES IV, LLC has sponsored the creation of one or more 401k plans.

Company Name:WATERMARK SERVICES IV, LLC
Employer identification number (EIN):271376131
NAIC Classification:623000
NAIC Description: Nursing and Residential Care Facilities

Additional information about WATERMARK SERVICES IV, LLC

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2016-09-28
Company Identification Number: 0802552376
Legal Registered Office Address: 2020 W RUDASILL RD

TUCSON
United States of America (USA)
85704

More information about WATERMARK SERVICES IV, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WATERMARK SERVICES IV, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032013-01-01BRENDA HUFFMAN
0032012-01-01BRENDA HUFFMAN
0032011-01-01BRENDA HUFFMAN
0032010-02-01MICHAEL BURKHART

Plan Statistics for WATERMARK SERVICES IV, LLC 401(K) PLAN

401k plan membership statisitcs for WATERMARK SERVICES IV, LLC 401(K) PLAN

Measure Date Value
2013: WATERMARK SERVICES IV, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-011,729
Total number of active participants reported on line 7a of the Form 55002013-01-010
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-010
Number of participants with account balances2013-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0141
2012: WATERMARK SERVICES IV, LLC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-011,651
Total number of active participants reported on line 7a of the Form 55002012-01-011,703
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0126
Total of all active and inactive participants2012-01-011,729
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-011,729
Number of participants with account balances2012-01-01257
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0117
2011: WATERMARK SERVICES IV, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011,774
Total number of active participants reported on line 7a of the Form 55002011-01-011,596
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0155
Total of all active and inactive participants2011-01-011,651
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-011,651
Number of participants with account balances2011-01-01261
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0160
2010: WATERMARK SERVICES IV, LLC 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-02-01120
Total number of active participants reported on line 7a of the Form 55002010-02-011,757
Number of retired or separated participants receiving benefits2010-02-010
Number of other retired or separated participants entitled to future benefits2010-02-0116
Total of all active and inactive participants2010-02-011,773
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-02-011
Total participants2010-02-011,774
Number of participants with account balances2010-02-01247
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-02-010

Financial Data on WATERMARK SERVICES IV, LLC 401(K) PLAN

Measure Date Value
2013 : WATERMARK SERVICES IV, LLC 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total transfer of assets from this plan2013-12-31$3,447,545
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$1,341,369
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$260,027
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$235,938
Expenses. Certain deemed distributions of participant loans2013-12-31$2,184
Value of total corrective distributions2013-12-31$18,572
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,008,895
Value of total assets at end of year2013-12-31$0
Value of total assets at beginning of year2013-12-31$2,366,203
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$3,333
Total interest from all sources2013-12-31$3,385
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$165,583
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$165,583
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$237,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$697,791
Participant contributions at beginning of year2013-12-31$56,992
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$135,600
Other income not declared elsewhere2013-12-31$10
Administrative expenses (other) incurred2013-12-31$3,333
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$1,081,342
Value of net assets at end of year (total assets less liabilities)2013-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$2,366,203
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$2,309,211
Interest on participant loans2013-12-31$3,385
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$163,496
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$175,504
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$235,938
Did the plan have assets held for investment2013-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31BEACHFLEISCHMAN
Accountancy firm EIN2013-12-31860683059
2012 : WATERMARK SERVICES IV, LLC 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$1,113,016
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$426,245
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$417,873
Expenses. Certain deemed distributions of participant loans2012-12-31$3,959
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$912,523
Value of total assets at end of year2012-12-31$2,366,203
Value of total assets at beginning of year2012-12-31$1,679,432
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$4,413
Total interest from all sources2012-12-31$1,720
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$63,878
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$63,878
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$168,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$660,906
Participant contributions at end of year2012-12-31$56,992
Participant contributions at beginning of year2012-12-31$45,337
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$87,088
Other income not declared elsewhere2012-12-31$9
Administrative expenses (other) incurred2012-12-31$4,413
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$686,771
Value of net assets at end of year (total assets less liabilities)2012-12-31$2,366,203
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,679,432
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$2,309,211
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$1,634,095
Interest on participant loans2012-12-31$1,720
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$134,886
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$164,529
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$417,873
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31BEACHFLEISCHMAN
Accountancy firm EIN2012-12-31860683059
2011 : WATERMARK SERVICES IV, LLC 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$853,695
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$170,490
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$166,815
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$890,715
Value of total assets at end of year2011-12-31$1,679,432
Value of total assets at beginning of year2011-12-31$996,227
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$3,675
Total interest from all sources2011-12-31$1,055
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$50,768
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$50,768
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$100,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$670,292
Participant contributions at end of year2011-12-31$45,337
Participant contributions at beginning of year2011-12-31$20,816
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$82,286
Administrative expenses (other) incurred2011-12-31$3,675
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$683,205
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,679,432
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$996,227
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$1,634,095
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$814,201
Interest on participant loans2011-12-31$1,055
Value of interest in common/collective trusts at beginning of year2011-12-31$161,210
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-88,870
Net investment gain or loss from common/collective trusts2011-12-31$27
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$138,137
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$166,815
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31BEACHFLEISCHMAN
Accountancy firm EIN2011-12-31860683059
2010 : WATERMARK SERVICES IV, LLC 401(K) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total transfer of assets to this plan2010-12-31$70,363
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$962,198
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$36,334
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$35,484
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$896,168
Value of total assets at end of year2010-12-31$996,227
Value of total assets at beginning of year2010-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$850
Total interest from all sources2010-12-31$164
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$12,463
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$12,463
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$430,251
Participant contributions at end of year2010-12-31$20,816
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$465,893
Administrative expenses (other) incurred2010-12-31$850
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$925,864
Value of net assets at end of year (total assets less liabilities)2010-12-31$996,227
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$814,201
Interest on participant loans2010-12-31$164
Value of interest in common/collective trusts at end of year2010-12-31$161,210
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$52,975
Net investment gain or loss from common/collective trusts2010-12-31$428
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$24
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$35,484
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31BEACHFLEISCHMAN
Accountancy firm EIN2010-12-31860683059

Form 5500 Responses for WATERMARK SERVICES IV, LLC 401(K) PLAN

2013: WATERMARK SERVICES IV, LLC 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingYes
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: WATERMARK SERVICES IV, LLC 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: WATERMARK SERVICES IV, LLC 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: WATERMARK SERVICES IV, LLC 401(K) PLAN 2010 form 5500 responses
2010-02-01Type of plan entitySingle employer plan
2010-02-01First time form 5500 has been submittedYes
2010-02-01Submission has been amendedNo
2010-02-01This submission is the final filingNo
2010-02-01This return/report is a short plan year return/report (less than 12 months)Yes
2010-02-01Plan is a collectively bargained planNo
2010-02-01Plan funding arrangement – TrustYes
2010-02-01Plan benefit arrangement - TrustYes

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