401k Plan data: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST plan

PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan Name	PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST
Plan identification number	001

PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Profit-sharing

401k Sponsoring company profile

PAYNET MERCHANT SERVICES, INC has sponsored the creation of one or more 401k plans.

Company Name: PAYNET MERCHANT SERVICES, INC

Employer identification number (EIN): 383233512

NAIC Classification: 522210
NAIC Description: Credit Card Issuing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 CLINTON BALLER CLINTON BALLER 2018-06-11
001 2016-01-01 CLINTON BALLER CLINTON BALLER 2017-09-06
001 2015-01-01 CLINTON BALLER CLINTON BALLER 2016-09-01
001 2014-01-01 CLINTON BALLER CLINTON BALLER 2015-09-08
001 2014-01-01 CLINTON BALLER CLINTON BALLER 2015-09-08
001 2013-01-01 CLINTON BALLER CLINTON BALLER 2014-07-29
001 2012-01-01 CLINTON BALLER CLINTON BALLER 2013-08-22
001 2011-01-01 CLINTON BALLER CLINTON BALLER 2012-05-10
001 2009-01-01 CLINTON BALLER CLINTON BALLER 2010-09-29

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01	CLINTON BALLER	CLINTON BALLER	2018-06-11
001	2016-01-01	CLINTON BALLER	CLINTON BALLER	2017-09-06
001	2015-01-01	CLINTON BALLER	CLINTON BALLER	2016-09-01
001	2014-01-01	CLINTON BALLER	CLINTON BALLER	2015-09-08
001	2014-01-01	CLINTON BALLER	CLINTON BALLER	2015-09-08
001	2013-01-01	CLINTON BALLER	CLINTON BALLER	2014-07-29
001	2012-01-01	CLINTON BALLER	CLINTON BALLER	2013-08-22
001	2011-01-01	CLINTON BALLER	CLINTON BALLER	2012-05-10
001	2009-01-01	CLINTON BALLER	CLINTON BALLER	2010-09-29

Plan Statistics for PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST

Measure Date Value
2022: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year 2022-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 3
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 1
Total of all active and inactive participants 2022-01-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 4
Number of participants with account balances 2022-01-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year 2021-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 3
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 1
Total of all active and inactive participants 2021-01-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 4
Number of participants with account balances 2021-01-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year 2020-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 3
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 1
Total of all active and inactive participants 2020-01-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 4
Number of participants with account balances 2020-01-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year 2019-01-01 5
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 3
Number of retired or separated participants receiving benefits 2019-01-01 1
Number of other retired or separated participants entitled to future benefits 2019-01-01 1
Total of all active and inactive participants 2019-01-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 5
Number of participants with account balances 2019-01-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year 2018-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 3
Number of retired or separated participants receiving benefits 2018-01-01 3
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 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 6
Number of participants with account balances 2018-01-01 5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2017 401k membership
Total participants, beginning-of-year 2017-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 4
Number of retired or separated participants receiving benefits 2017-01-01 1
Number of other retired or separated participants entitled to future benefits 2017-01-01 1
Total of all active and inactive participants 2017-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 6
Number of participants with account balances 2017-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year 2016-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 5
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 1
Total of all active and inactive participants 2016-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 6
Number of participants with account balances 2016-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year 2015-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 5
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 1
Total of all active and inactive participants 2015-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 6
Number of participants with account balances 2015-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year 2014-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 5
Number of retired or separated participants receiving benefits 2014-01-01 1
Number of other retired or separated participants entitled to future benefits 2014-01-01 1
Total of all active and inactive participants 2014-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 7
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: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year 2013-01-01 9
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 2
Number of other retired or separated participants entitled to future benefits 2013-01-01 2
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 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 2
2012: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year 2012-01-01 10
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 7
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 9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 9
Number of participants with account balances 2012-01-01 9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 1
2011: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year 2011-01-01 10
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 4
Total of all active and inactive participants 2011-01-01 10
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 10
Number of participants with account balances 2011-01-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 1
2009: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year 2009-01-01 7
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 0
Total of all active and inactive participants 2009-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 7
Number of participants with account balances 2009-01-01 7

Measure	Date	Value
2022: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year	2022-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	3
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	1
Total of all active and inactive participants	2022-01-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	4
Number of participants with account balances	2022-01-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year	2021-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	3
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	1
Total of all active and inactive participants	2021-01-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	4
Number of participants with account balances	2021-01-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year	2020-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	3
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	1
Total of all active and inactive participants	2020-01-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	4
Number of participants with account balances	2020-01-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year	2019-01-01	5
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	3
Number of retired or separated participants receiving benefits	2019-01-01	1
Number of other retired or separated participants entitled to future benefits	2019-01-01	1
Total of all active and inactive participants	2019-01-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	5
Number of participants with account balances	2019-01-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year	2018-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	3
Number of retired or separated participants receiving benefits	2018-01-01	3
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	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	6
Number of participants with account balances	2018-01-01	5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2017 401k membership
Total participants, beginning-of-year	2017-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	4
Number of retired or separated participants receiving benefits	2017-01-01	1
Number of other retired or separated participants entitled to future benefits	2017-01-01	1
Total of all active and inactive participants	2017-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	6
Number of participants with account balances	2017-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year	2016-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	5
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	1
Total of all active and inactive participants	2016-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	6
Number of participants with account balances	2016-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year	2015-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	5
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	1
Total of all active and inactive participants	2015-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	6
Number of participants with account balances	2015-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year	2014-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	5
Number of retired or separated participants receiving benefits	2014-01-01	1
Number of other retired or separated participants entitled to future benefits	2014-01-01	1
Total of all active and inactive participants	2014-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	7
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: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year	2013-01-01	9
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	2
Number of other retired or separated participants entitled to future benefits	2013-01-01	2
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	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	2
2012: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year	2012-01-01	10
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	7
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	9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	9
Number of participants with account balances	2012-01-01	9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	1
2011: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year	2011-01-01	10
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	4
Total of all active and inactive participants	2011-01-01	10
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	10
Number of participants with account balances	2011-01-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	1
2009: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year	2009-01-01	7
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	0
Total of all active and inactive participants	2009-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	7
Number of participants with account balances	2009-01-01	7

Financial Data on PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST

Measure	Date	Value
2023 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2023 401k financial data
Total income from all sources	2023-12-31	$199,500
Expenses. Total of all expenses incurred	2023-12-31	$16,450
Total plan assets at end of year	2023-12-31	$1,677,083
Total plan assets at beginning of year	2023-12-31	$1,494,033
Value of fidelity bond covering the plan	2023-12-31	$385,000
Other income received	2023-12-31	$124,665
Net income (gross income less expenses)	2023-12-31	$183,050
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$1,677,083
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$1,494,033
Assets. Value of participant loans	2023-12-31	$33,292
Total contributions received or receivable from employer(s)	2023-12-31	$74,835
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$16,450
2022 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2022 401k financial data
Total income from all sources	2022-12-31	$-106,791
Expenses. Total of all expenses incurred	2022-12-31	$16,092
Total plan assets at end of year	2022-12-31	$1,494,033
Total plan assets at beginning of year	2022-12-31	$1,616,916
Value of fidelity bond covering the plan	2022-12-31	$385,000
Other income received	2022-12-31	$-175,277
Net income (gross income less expenses)	2022-12-31	$-122,883
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$1,494,033
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$1,616,916
Total contributions received or receivable from employer(s)	2022-12-31	$68,486
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$16,092
2021 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2021 401k financial data
Total income from all sources	2021-12-31	$296,308
Expenses. Total of all expenses incurred	2021-12-31	$15,137
Total plan assets at end of year	2021-12-31	$1,616,916
Total plan assets at beginning of year	2021-12-31	$1,335,745
Value of fidelity bond covering the plan	2021-12-31	$385,000
Other income received	2021-12-31	$231,451
Net income (gross income less expenses)	2021-12-31	$281,171
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$1,616,916
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$1,335,745
Total contributions received or receivable from employer(s)	2021-12-31	$64,857
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$15,137
2020 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2020 401k financial data
Total plan liabilities at beginning of year	2020-12-31	$129
Total income from all sources	2020-12-31	$177,755
Expenses. Total of all expenses incurred	2020-12-31	$12,546
Total plan assets at end of year	2020-12-31	$1,335,745
Total plan assets at beginning of year	2020-12-31	$1,170,665
Value of fidelity bond covering the plan	2020-12-31	$67,321
Expenses. Other expenses not covered elsewhere	2020-12-31	$1,600
Other income received	2020-12-31	$114,027
Net income (gross income less expenses)	2020-12-31	$165,209
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$1,335,745
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$1,170,536
Total contributions received or receivable from employer(s)	2020-12-31	$63,728
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$10,946
2019 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2019 401k financial data
Total plan liabilities at end of year	2019-12-31	$129
Total income from all sources	2019-12-31	$305,914
Expenses. Total of all expenses incurred	2019-12-31	$15,161
Benefits paid (including direct rollovers)	2019-12-31	$2,561
Total plan assets at end of year	2019-12-31	$1,170,665
Total plan assets at beginning of year	2019-12-31	$879,783
Value of fidelity bond covering the plan	2019-12-31	$50,000
Expenses. Other expenses not covered elsewhere	2019-12-31	$12,600
Other income received	2019-12-31	$240,719
Net income (gross income less expenses)	2019-12-31	$290,753
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$1,170,536
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$879,783
Assets. Value of participant loans	2019-12-31	$0
Total contributions received or receivable from employer(s)	2019-12-31	$65,195
2018 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2018 401k financial data
Total income from all sources	2018-12-31	$-57,552
Expenses. Total of all expenses incurred	2018-12-31	$35,884
Benefits paid (including direct rollovers)	2018-12-31	$26,234
Total plan assets at end of year	2018-12-31	$879,783
Total plan assets at beginning of year	2018-12-31	$973,219
Value of fidelity bond covering the plan	2018-12-31	$50,000
Expenses. Other expenses not covered elsewhere	2018-12-31	$8,050
Other income received	2018-12-31	$-123,631
Net income (gross income less expenses)	2018-12-31	$-93,436
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$879,783
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$973,219
Assets. Value of participant loans	2018-12-31	$2,910
Total contributions received or receivable from employer(s)	2018-12-31	$66,079
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$1,600
2017 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2017 401k financial data
Total income from all sources	2017-12-31	$164,096
Expenses. Total of all expenses incurred	2017-12-31	$18,315
Benefits paid (including direct rollovers)	2017-12-31	$10,430
Total plan assets at end of year	2017-12-31	$973,219
Total plan assets at beginning of year	2017-12-31	$827,438
Value of fidelity bond covering the plan	2017-12-31	$50,000
Expenses. Other expenses not covered elsewhere	2017-12-31	$6,285
Other income received	2017-12-31	$98,346
Net income (gross income less expenses)	2017-12-31	$145,781
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$973,219
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$827,438
Assets. Value of participant loans	2017-12-31	$6,059
Total contributions received or receivable from employer(s)	2017-12-31	$65,750
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$1,600
2016 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2016 401k financial data
Total income from all sources	2016-12-31	$126,112
Expenses. Total of all expenses incurred	2016-12-31	$10,007
Benefits paid (including direct rollovers)	2016-12-31	$2,335
Total plan assets at end of year	2016-12-31	$827,438
Total plan assets at beginning of year	2016-12-31	$711,333
Value of fidelity bond covering the plan	2016-12-31	$100,000
Expenses. Other expenses not covered elsewhere	2016-12-31	$6,272
Other income received	2016-12-31	$61,182
Net income (gross income less expenses)	2016-12-31	$116,105
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$827,438
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$711,333
Assets. Value of participant loans	2016-12-31	$9,063
Total contributions received or receivable from employer(s)	2016-12-31	$64,930
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$1,400
2015 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2015 401k financial data
Total income from all sources	2015-12-31	$44,022
Expenses. Total of all expenses incurred	2015-12-31	$6,191
Benefits paid (including direct rollovers)	2015-12-31	$2,181
Total plan assets at end of year	2015-12-31	$711,333
Total plan assets at beginning of year	2015-12-31	$673,502
Value of fidelity bond covering the plan	2015-12-31	$100,000
Expenses. Other expenses not covered elsewhere	2015-12-31	$2,610
Other income received	2015-12-31	$-19,700
Net income (gross income less expenses)	2015-12-31	$37,831
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$711,333
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$673,502
Assets. Value of participant loans	2015-12-31	$12,035
Total contributions received or receivable from employer(s)	2015-12-31	$63,722
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$1,400
2014 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2014 401k financial data
Total income from all sources	2014-12-31	$93,848
Expenses. Total of all expenses incurred	2014-12-31	$21,212
Benefits paid (including direct rollovers)	2014-12-31	$6,926
Total plan assets at end of year	2014-12-31	$673,502
Total plan assets at beginning of year	2014-12-31	$600,866
Value of fidelity bond covering the plan	2014-12-31	$100,000
Expenses. Other expenses not covered elsewhere	2014-12-31	$12,836
Other income received	2014-12-31	$30,600
Net income (gross income less expenses)	2014-12-31	$72,636
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$673,502
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$600,866
Total contributions received or receivable from employer(s)	2014-12-31	$63,248
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$1,450
2013 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2013 401k financial data
Total income from all sources	2013-12-31	$131,059
Expenses. Total of all expenses incurred	2013-12-31	$42,808
Benefits paid (including direct rollovers)	2013-12-31	$13,497
Total plan assets at end of year	2013-12-31	$600,866
Total plan assets at beginning of year	2013-12-31	$512,615
Value of fidelity bond covering the plan	2013-12-31	$35,000
Expenses. Other expenses not covered elsewhere	2013-12-31	$29,311
Other income received	2013-12-31	$72,254
Net income (gross income less expenses)	2013-12-31	$88,251
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$600,866
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$512,615
Total contributions received or receivable from employer(s)	2013-12-31	$58,805
2012 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2012 401k financial data
Total income from all sources	2012-12-31	$74,117
Expenses. Total of all expenses incurred	2012-12-31	$4,269
Benefits paid (including direct rollovers)	2012-12-31	$38,207
Total plan assets at end of year	2012-12-31	$512,615
Total plan assets at beginning of year	2012-12-31	$442,767
Value of fidelity bond covering the plan	2012-12-31	$35,000
Expenses. Other expenses not covered elsewhere	2012-12-31	$-33,938
Other income received	2012-12-31	$13,354
Net income (gross income less expenses)	2012-12-31	$69,848
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$512,615
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$442,767
Total contributions received or receivable from employer(s)	2012-12-31	$60,763
2011 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2011 401k financial data
Total income from all sources	2011-12-31	$102,063
Expenses. Total of all expenses incurred	2011-12-31	$44,617
Total plan assets at end of year	2011-12-31	$442,767
Total plan assets at beginning of year	2011-12-31	$385,321
Value of fidelity bond covering the plan	2011-12-31	$35,000
Expenses. Other expenses not covered elsewhere	2011-12-31	$44,617
Other income received	2011-12-31	$43,892
Net income (gross income less expenses)	2011-12-31	$57,446
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$442,767
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$385,321
Total contributions received or receivable from employer(s)	2011-12-31	$58,171
2010 : PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2010 401k financial data
Total income from all sources	2010-12-31	$62,090
Expenses. Total of all expenses incurred	2010-12-31	$36,086
Benefits paid (including direct rollovers)	2010-12-31	$31,851
Total plan assets at end of year	2010-12-31	$385,321
Total plan assets at beginning of year	2010-12-31	$359,317
Value of fidelity bond covering the plan	2010-12-31	$35,000
Expenses. Other expenses not covered elsewhere	2010-12-31	$4,235
Other income received	2010-12-31	$12,090
Net income (gross income less expenses)	2010-12-31	$26,004
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$385,321
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$359,317
Total contributions received or receivable from employer(s)	2010-12-31	$50,000

Form 5500 Responses for PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST

2022: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 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 – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: PAYNET MERCHANT SERVICES, INC. PROFIT SHARING PLAN AND TRUST 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PAYNET MERCHANT SERVICES, INC
Employer identification number (EIN):	383233512
NAIC Classification:	522210
NAIC Description:	Credit Card Issuing