401k Plan data: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN plan

BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 401k Plan overview

Plan Name	BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN
Plan identification number	001

BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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(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.
Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
Code section 403(b)(7) accounts - See Limited Pension Plan Reporting instructions for Code section 403(b)(7) custodial accounts for regulated investment company stock for certain exempt organizations.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

BUSINESS PROFESSIONALS OF AMERICA has sponsored the creation of one or more 401k plans.

Company Name: BUSINESS PROFESSIONALS OF AMERICA

Employer identification number (EIN): 311135712

NAIC Classification: 611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01
001 2016-01-01
001 2015-01-01
001 2014-01-01 KIRK LAWSON
001 2013-01-01 KIRK LAWSON
001 2012-01-01 KIRK LAWSON
001 2011-01-01 KIRK LAWSON
001 2009-01-01 KIRK LAWSON

Plan Statistics for BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN

401k plan membership statisitcs for BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN

Measure Date Value
2014: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 9
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 6
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 2
Total of all active and inactive participants 2014-01-01 8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 8
Number of participants with account balances 2014-01-01 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 5
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 4
Total of all active and inactive participants 2013-01-01 9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 9
Number of participants with account balances 2013-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 5
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 2
Total of all active and inactive participants 2012-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 7
Number of participants with account balances 2012-01-01 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 8
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 6
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 1
Total of all active and inactive participants 2011-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 7
Number of participants with account balances 2011-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 0
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 7
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 1
Total of all active and inactive participants 2009-01-01 8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 8
Number of participants with account balances 2009-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2014: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	9
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	6
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	2
Total of all active and inactive participants	2014-01-01	8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	8
Number of participants with account balances	2014-01-01	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	5
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	4
Total of all active and inactive participants	2013-01-01	9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	9
Number of participants with account balances	2013-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	5
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	2
Total of all active and inactive participants	2012-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	7
Number of participants with account balances	2012-01-01	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	8
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	6
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	1
Total of all active and inactive participants	2011-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	7
Number of participants with account balances	2011-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	0
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	7
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	1
Total of all active and inactive participants	2009-01-01	8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	8
Number of participants with account balances	2009-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN

Measure	Date	Value
2014 : BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$71,656
Expenses. Total of all expenses incurred	2014-12-31	$35,854
Benefits paid (including direct rollovers)	2014-12-31	$35,854
Total plan assets at end of year	2014-12-31	$257,089
Total plan assets at beginning of year	2014-12-31	$221,287
Value of fidelity bond covering the plan	2014-12-31	$1,000,000
Total contributions received or receivable from participants	2014-12-31	$29,254
Contributions received from other sources (not participants or employers)	2014-12-31	$22,613
Other income received	2014-12-31	$5,617
Net income (gross income less expenses)	2014-12-31	$35,802
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$257,089
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$221,287
Total contributions received or receivable from employer(s)	2014-12-31	$14,172
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$71,510
Expenses. Total of all expenses incurred	2013-12-31	$42,757
Benefits paid (including direct rollovers)	2013-12-31	$42,757
Total plan assets at end of year	2013-12-31	$221,287
Total plan assets at beginning of year	2013-12-31	$192,534
Value of fidelity bond covering the plan	2013-12-31	$50,000
Total contributions received or receivable from participants	2013-12-31	$40,986
Other income received	2013-12-31	$17,222
Net income (gross income less expenses)	2013-12-31	$28,753
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$221,287
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$192,534
Total contributions received or receivable from employer(s)	2013-12-31	$13,302
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$79,242
Expenses. Total of all expenses incurred	2012-12-31	$0
Total plan assets at end of year	2012-12-31	$192,534
Total plan assets at beginning of year	2012-12-31	$113,292
Value of fidelity bond covering the plan	2012-12-31	$50,000
Total contributions received or receivable from participants	2012-12-31	$47,392
Other income received	2012-12-31	$12,891
Net income (gross income less expenses)	2012-12-31	$79,242
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$192,534
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$113,292
Total contributions received or receivable from employer(s)	2012-12-31	$18,959
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$38,395
Expenses. Total of all expenses incurred	2011-12-31	$11,779
Benefits paid (including direct rollovers)	2011-12-31	$11,779
Total plan assets at end of year	2011-12-31	$113,292
Total plan assets at beginning of year	2011-12-31	$86,676
Value of fidelity bond covering the plan	2011-12-31	$50,000
Total contributions received or receivable from participants	2011-12-31	$29,031
Other income received	2011-12-31	$-4,446
Net income (gross income less expenses)	2011-12-31	$26,616
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$113,292
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$86,676
Total contributions received or receivable from employer(s)	2011-12-31	$13,810
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$45,647
Expenses. Total of all expenses incurred	2010-12-31	$0
Total plan assets at end of year	2010-12-31	$86,676
Total plan assets at beginning of year	2010-12-31	$41,029
Total contributions received or receivable from participants	2010-12-31	$21,158
Other income received	2010-12-31	$7,040
Net income (gross income less expenses)	2010-12-31	$45,647
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$86,676
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$41,029
Total contributions received or receivable from employer(s)	2010-12-31	$17,449
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN

2014: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: BUSINESS PROFESSIONALS OF AMERICA 403(B) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	First time form 5500 has been submitted	Yes
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

GAP-B2-BX8D

Policy instance

Insurance contract or identification number	GAP-B2-BX8D
Number of Individuals Covered	8
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $1
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $1
Amount paid for insurance broker fees	0
Additional information about fees paid to insurance broker	BROKER
Insurance broker organization code?	3
Insurance broker name	INVEST FINANCIAL CORPORATION

Potentially related plans

BUSINESS PROFESSIONALS' NETWORK, INC. 401(K) PLAN AND TRUST [EIN = 752797156]

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Company Name:	BUSINESS PROFESSIONALS OF AMERICA
Employer identification number (EIN):	311135712
NAIC Classification:	611000

Plan id#	Filing Submission Date	Name of Administrator
001	2023-01-01
001	2022-01-01
001	2021-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01
001	2016-01-01
001	2015-01-01
001	2014-01-01	KIRK LAWSON
001	2013-01-01	KIRK LAWSON
001	2012-01-01	KIRK LAWSON
001	2011-01-01	KIRK LAWSON
001	2009-01-01	KIRK LAWSON