401k Plan data: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING plan

PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 401k Plan overview

Plan Name	PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING
Plan identification number	001

PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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

PARAMOUNT STAFFING INC has sponsored the creation of one or more 401k plans.

Company Name: PARAMOUNT STAFFING INC

Employer identification number (EIN): 364212176

NAIC Classification: 561300

Additional information about PARAMOUNT STAFFING INC

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 2012-04-02

Company Identification Number: P12000031528

Legal Registered Office Address: 1790 79TH STREET CSWY

NORTH BAY VILLAGE

33141

More information about PARAMOUNT STAFFING INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-01-01
001 2017-01-01 MATTHEW SCHUBERT
001 2016-01-01 MATTHEW SCHUBERT
001 2015-01-01 MATTHEW SCHUBERT
001 2014-01-01 MATTHEW SCHUBERT
001 2014-01-01 MATT SCHUBERT
001 2013-01-01 PARAMOUNT STAFFING 2014-07-23
001 2012-01-01 MATTHEW SCHUBERT 2013-09-11 MATTHEW SCHUBERT 2013-09-11
001 2011-01-01 MATTHEW SCHUBERT 2012-07-27
001 2010-01-01 PAT MCLEAN 2011-07-11
001 2009-01-01 PATRICIA MCLEAN

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2018-01-01
001	2017-01-01	MATTHEW SCHUBERT
001	2016-01-01	MATTHEW SCHUBERT
001	2015-01-01	MATTHEW SCHUBERT
001	2014-01-01	MATTHEW SCHUBERT
001	2014-01-01	MATT SCHUBERT
001	2013-01-01	PARAMOUNT STAFFING	2014-07-23
001	2012-01-01	MATTHEW SCHUBERT	2013-09-11	MATTHEW SCHUBERT	2013-09-11
001	2011-01-01	MATTHEW SCHUBERT	2012-07-27
001	2010-01-01	PAT MCLEAN	2011-07-11
001	2009-01-01	PATRICIA MCLEAN

Plan Statistics for PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING

401k plan membership statisitcs for PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING

Measure Date Value
2018: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2018 401k membership
Total participants, beginning-of-year 2018-01-01 190
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 0
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 0
Number of participants with account balances 2018-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2017 401k membership
Total participants, beginning-of-year 2017-01-01 187
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 127
Number of other retired or separated participants entitled to future benefits 2017-01-01 53
Total of all active and inactive participants 2017-01-01 180
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 180
Number of participants with account balances 2017-01-01 138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2016 401k membership
Total participants, beginning-of-year 2016-01-01 160
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 131
Number of retired or separated participants receiving benefits 2016-01-01 48
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 179
Number of participants with account balances 2016-01-01 135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2015 401k membership
Total participants, beginning-of-year 2015-01-01 146
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 124
Number of other retired or separated participants entitled to future benefits 2015-01-01 35
Total of all active and inactive participants 2015-01-01 159
Total participants 2015-01-01 159
Number of participants with account balances 2015-01-01 132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2014 401k membership
Total participants, beginning-of-year 2014-01-01 124
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 110
Number of other retired or separated participants entitled to future benefits 2014-01-01 26
Total of all active and inactive participants 2014-01-01 136
Total participants 2014-01-01 136
Number of participants with account balances 2014-01-01 108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2009: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2009 401k membership
Total participants, beginning-of-year 2009-01-01 70
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 57
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 10
Total of all active and inactive participants 2009-01-01 67
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 67
Number of participants with account balances 2009-01-01 39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2018: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2018 401k membership
Total participants, beginning-of-year	2018-01-01	190
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	0
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	0
Number of participants with account balances	2018-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2017 401k membership
Total participants, beginning-of-year	2017-01-01	187
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	127
Number of other retired or separated participants entitled to future benefits	2017-01-01	53
Total of all active and inactive participants	2017-01-01	180
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	180
Number of participants with account balances	2017-01-01	138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2016 401k membership
Total participants, beginning-of-year	2016-01-01	160
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	131
Number of retired or separated participants receiving benefits	2016-01-01	48
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	179
Number of participants with account balances	2016-01-01	135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2015 401k membership
Total participants, beginning-of-year	2015-01-01	146
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	124
Number of other retired or separated participants entitled to future benefits	2015-01-01	35
Total of all active and inactive participants	2015-01-01	159
Total participants	2015-01-01	159
Number of participants with account balances	2015-01-01	132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2014 401k membership
Total participants, beginning-of-year	2014-01-01	124
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	110
Number of other retired or separated participants entitled to future benefits	2014-01-01	26
Total of all active and inactive participants	2014-01-01	136
Total participants	2014-01-01	136
Number of participants with account balances	2014-01-01	108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2009: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2009 401k membership
Total participants, beginning-of-year	2009-01-01	70
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	57
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	10
Total of all active and inactive participants	2009-01-01	67
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	67
Number of participants with account balances	2009-01-01	39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING

Measure	Date	Value
2018 : PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$123,173
Total loss/gain on sale of assets	2018-12-31	$-13,089
Total of all expenses incurred	2018-12-31	$1,949,238
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$1,922,996
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$127,869
Value of total assets at end of year	2018-12-31	$0
Value of total assets at beginning of year	2018-12-31	$1,826,065
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$26,242
Total interest from all sources	2018-12-31	$8,393
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2018-12-31	$0
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$88,229
Participant contributions at beginning of year	2018-12-31	$216,292
Participant contributions at beginning of year	2018-12-31	$2,378
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-12-31	$354
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-1,826,065
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$1,826,065
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$26,242
Value of interest in pooled separate accounts at beginning of year	2018-12-31	$1,605,852
Interest on participant loans	2018-12-31	$7,812
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$581
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$39,640
Employer contributions (assets) at beginning of year	2018-12-31	$1,189
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$1,922,996
Did the plan have assets held for investment	2018-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	Yes
Aggregate proceeds on sale of assets	2018-12-31	$-13,089
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	PHILIP RAE & ASSOCIATES, CPA'S
Accountancy firm EIN	2018-12-31	270479293
2017 : PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$18,000
Total income from all sources (including contributions)	2017-12-31	$496,887
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$293,769
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$272,209
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$248,315
Value of total assets at end of year	2017-12-31	$1,826,065
Value of total assets at beginning of year	2017-12-31	$1,640,947
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$21,560
Total interest from all sources	2017-12-31	$10,059
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$171,848
Participant contributions at end of year	2017-12-31	$216,292
Participant contributions at beginning of year	2017-12-31	$225,835
Participant contributions at end of year	2017-12-31	$2,378
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$354
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$203,118
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$1,826,065
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$1,622,947
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Investment advisory and management fees	2017-12-31	$21,560
Value of interest in pooled separate accounts at end of year	2017-12-31	$1,605,852
Value of interest in pooled separate accounts at beginning of year	2017-12-31	$1,336,541
Interest on participant loans	2017-12-31	$9,129
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$930
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2017-12-31	$76,118
Net investment gain/loss from pooled separate accounts	2017-12-31	$238,513
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$76,467
Employer contributions (assets) at end of year	2017-12-31	$1,189
Employer contributions (assets) at beginning of year	2017-12-31	$2,453
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$272,209
Liabilities. Value of benefit claims payable at beginning of year	2017-12-31	$18,000
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	PHILIP RAE & ASSOCIATES, CPA'S
Accountancy firm EIN	2017-12-31	270479293
2016 : PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$18,000
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$398,157
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$82,560
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$64,856
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$292,432
Value of total assets at end of year	2016-12-31	$1,640,947
Value of total assets at beginning of year	2016-12-31	$1,307,350
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$17,704
Total interest from all sources	2016-12-31	$8,519
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$181,947
Participant contributions at end of year	2016-12-31	$225,835
Participant contributions at beginning of year	2016-12-31	$187,085
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$757
Other income not declared elsewhere	2016-12-31	$419
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$315,597
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$1,622,947
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$1,307,350
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Investment advisory and management fees	2016-12-31	$17,704
Value of interest in pooled separate accounts at end of year	2016-12-31	$1,336,541
Value of interest in pooled separate accounts at beginning of year	2016-12-31	$1,077,378
Interest on participant loans	2016-12-31	$8,519
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2016-12-31	$76,118
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2016-12-31	$42,887
Net investment gain/loss from pooled separate accounts	2016-12-31	$96,787
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$109,728
Employer contributions (assets) at end of year	2016-12-31	$2,453
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$64,856
Liabilities. Value of benefit claims payable at end of year	2016-12-31	$18,000
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	PHILIP RAE & ASSOCIATES, CPA'S
Accountancy firm EIN	2016-12-31	270479293
2015 : PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2015 401k financial data
Total income from all sources (including contributions)	2015-12-31	$247,054
Total of all expenses incurred	2015-12-31	$45,948
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$31,308
Expenses. Certain deemed distributions of participant loans	2015-12-31	$494
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$267,233
Value of total assets at end of year	2015-12-31	$1,307,350
Value of total assets at beginning of year	2015-12-31	$1,106,244
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$14,146
Total interest from all sources	2015-12-31	$5,654
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Administrative expenses professional fees incurred	2015-12-31	$5,366
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$186,059
Participant contributions at end of year	2015-12-31	$187,085
Participant contributions at beginning of year	2015-12-31	$115,322
Other income not declared elsewhere	2015-12-31	$301
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$201,106
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$1,307,350
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$1,106,244
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Investment advisory and management fees	2015-12-31	$8,780
Value of interest in pooled separate accounts at end of year	2015-12-31	$1,077,378
Value of interest in pooled separate accounts at beginning of year	2015-12-31	$955,469
Interest on participant loans	2015-12-31	$5,654
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2015-12-31	$42,887
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2015-12-31	$35,453
Net investment gain/loss from pooled separate accounts	2015-12-31	$-26,134
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$81,174
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$31,308
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	PHILIP RAE & ASSOCIATES, CPAS
Accountancy firm EIN	2015-12-31	270479293
2014 : PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2014 401k financial data
Total income from all sources (including contributions)	2014-12-31	$263,070
Total of all expenses incurred	2014-12-31	$166,337
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$153,675
Value of total corrective distributions	2014-12-31	$14
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$213,211
Value of total assets at end of year	2014-12-31	$1,106,244
Value of total assets at beginning of year	2014-12-31	$1,009,511
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$12,648
Total interest from all sources	2014-12-31	$4,047
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Administrative expenses professional fees incurred	2014-12-31	$3,729
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$144,035
Participant contributions at end of year	2014-12-31	$115,322
Participant contributions at beginning of year	2014-12-31	$74,488
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$5,070
Other income not declared elsewhere	2014-12-31	$241
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$96,733
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$1,106,244
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$1,009,511
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Investment advisory and management fees	2014-12-31	$8,919
Value of interest in pooled separate accounts at end of year	2014-12-31	$955,469
Value of interest in pooled separate accounts at beginning of year	2014-12-31	$909,189
Interest on participant loans	2014-12-31	$4,047
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-12-31	$35,453
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-12-31	$25,834
Net investment gain/loss from pooled separate accounts	2014-12-31	$45,571
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$64,106
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$153,675
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	PHILIP RAE & ASSOCIATES, CPAS
Accountancy firm EIN	2014-12-31	270479293
2009 : PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 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 PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING

2018: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	Yes
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	Yes
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
2009: PARAMOUNT STAFFING INC. 401(K) PROFIT SHARING 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

802788-000

Policy instance

Insurance contract or identification number	802788-000
Number of Individuals Covered	0
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $10,421
Total amount of fees paid to insurance company	USD $662
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Commission paid to Insurance Broker	USD $5,211
Insurance broker organization code?	3
Amount paid for insurance broker fees	662
Additional information about fees paid to insurance broker	N/A

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

802788-000

Policy instance

Insurance contract or identification number	802788-000
Number of Individuals Covered	138
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $11,417
Total amount of fees paid to insurance company	USD $643
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Commission paid to Insurance Broker	USD $5,709
Insurance broker organization code?	3
Amount paid for insurance broker fees	643
Additional information about fees paid to insurance broker	N/A
Insurance broker name	HOWARD SIMON & ASSOCIATES, INC.

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

802788-000

Policy instance

Insurance contract or identification number	802788-000
Number of Individuals Covered	132
Insurance policy start date	2015-01-01
Insurance policy end date	2015-12-31
Total amount of commissions paid to insurance broker	USD $8,060
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 Broker	USD $4,030
Insurance broker organization code?	3
Insurance broker name	WILLIAM L NAJJAR

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

802788-000

Policy instance

Insurance contract or identification number	802788-000
Number of Individuals Covered	108
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $6,684
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 Broker	USD $3,342
Insurance broker organization code?	3
Insurance broker name	WILLIAM L NAJJAR

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Company Name:	PARAMOUNT STAFFING INC
Employer identification number (EIN):	364212176
NAIC Classification:	561300

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	2012-04-02
Company Identification Number:	P12000031528
Legal Registered Office Address:	1790 79TH STREET CSWY NORTH BAY VILLAGE 33141