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COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 401k Plan overview

Plan NameCOMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN
Plan identification number 001

COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

COMPASS FINANCIAL SERVICE, INC. has sponsored the creation of one or more 401k plans.

Company Name:COMPASS FINANCIAL SERVICE, INC.
Employer identification number (EIN):455261098
NAIC Classification:623000
NAIC Description: Nursing and Residential Care Facilities

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-07-01
0012018-07-01
0012017-07-01WENDY L. WILLIAMS
0012016-07-01WENDY L. WILLIAMS
0012015-07-01WENDY L. WILLIAMS
0012014-07-01WENDY L. WILLIAMS
0012013-07-01WENDY L. WILLIAMS
0012012-07-01WENDY L. WILLIAMS
0012012-05-11WENDY WILLIAMS

Plan Statistics for COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN

401k plan membership statisitcs for COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN

Measure Date Value
2019: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-07-012
Total number of active participants reported on line 7a of the Form 55002019-07-010
Number of retired or separated participants receiving benefits2019-07-010
Number of other retired or separated participants entitled to future benefits2019-07-010
Total of all active and inactive participants2019-07-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-07-010
Total participants2019-07-010
Number of participants with account balances2019-07-010
2018: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-07-012
Total number of active participants reported on line 7a of the Form 55002018-07-012
Number of retired or separated participants receiving benefits2018-07-010
Number of other retired or separated participants entitled to future benefits2018-07-010
Total of all active and inactive participants2018-07-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-07-010
Total participants2018-07-012
Number of participants with account balances2018-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-07-010
2017: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-07-012
Total number of active participants reported on line 7a of the Form 55002017-07-012
Number of retired or separated participants receiving benefits2017-07-010
Number of other retired or separated participants entitled to future benefits2017-07-010
Total of all active and inactive participants2017-07-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-07-010
Total participants2017-07-012
Number of participants with account balances2017-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-07-010
2016: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-07-012
Total number of active participants reported on line 7a of the Form 55002016-07-012
Number of retired or separated participants receiving benefits2016-07-010
Number of other retired or separated participants entitled to future benefits2016-07-010
Total of all active and inactive participants2016-07-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-07-010
Total participants2016-07-012
Number of participants with account balances2016-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-07-010
2015: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-07-012
Total number of active participants reported on line 7a of the Form 55002015-07-012
Number of retired or separated participants receiving benefits2015-07-010
Number of other retired or separated participants entitled to future benefits2015-07-010
Total of all active and inactive participants2015-07-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-07-010
Total participants2015-07-012
Number of participants with account balances2015-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-07-010
2014: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-07-012
Total number of active participants reported on line 7a of the Form 55002014-07-012
Number of retired or separated participants receiving benefits2014-07-010
Number of other retired or separated participants entitled to future benefits2014-07-010
Total of all active and inactive participants2014-07-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-07-010
Total participants2014-07-012
Number of participants with account balances2014-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-07-010
2013: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-07-012
Total number of active participants reported on line 7a of the Form 55002013-07-012
Total of all active and inactive participants2013-07-012
Total participants2013-07-012
Number of participants with account balances2013-07-011
2012: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-07-012
Total number of active participants reported on line 7a of the Form 55002012-07-012
Total of all active and inactive participants2012-07-012
Total participants2012-07-012
Number of participants with account balances2012-07-011
Total participants, beginning-of-year2012-05-112
Total number of active participants reported on line 7a of the Form 55002012-05-112
Number of retired or separated participants receiving benefits2012-05-110
Number of other retired or separated participants entitled to future benefits2012-05-110
Total of all active and inactive participants2012-05-112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-05-110
Total participants2012-05-112
Number of participants with account balances2012-05-111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-05-110

Financial Data on COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN

Measure Date Value
2020 : COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2020 401k financial data
Total income from all sources2020-01-31$6,431
Expenses. Total of all expenses incurred2020-01-31$15,636
Benefits paid (including direct rollovers)2020-01-31$15,636
Total plan assets at end of year2020-01-31$0
Total plan assets at beginning of year2020-01-31$9,205
Other income received2020-01-31$6,431
Net income (gross income less expenses)2020-01-31$-9,205
Net plan assets at end of year (total assets less liabilities)2020-01-31$0
Net plan assets at beginning of year (total assets less liabilities)2020-01-31$9,205
Assets. Value of employer securities2020-01-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-01-31$0
2019 : COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2019 401k financial data
Total income from all sources2019-06-30$-24,117
Expenses. Total of all expenses incurred2019-06-30$0
Total plan assets at end of year2019-06-30$9,205
Total plan assets at beginning of year2019-06-30$33,322
Other income received2019-06-30$-24,117
Net income (gross income less expenses)2019-06-30$-24,117
Net plan assets at end of year (total assets less liabilities)2019-06-30$9,205
Net plan assets at beginning of year (total assets less liabilities)2019-06-30$33,322
Assets. Value of employer securities2019-06-30$9,205
2018 : COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2018 401k financial data
Total income from all sources2018-06-30$3,365
Expenses. Total of all expenses incurred2018-06-30$0
Benefits paid (including direct rollovers)2018-06-30$0
Total plan assets at end of year2018-06-30$33,322
Total plan assets at beginning of year2018-06-30$29,957
Total contributions received or receivable from participants2018-06-30$0
Contributions received from other sources (not participants or employers)2018-06-30$0
Other income received2018-06-30$3,365
Net income (gross income less expenses)2018-06-30$3,365
Net plan assets at end of year (total assets less liabilities)2018-06-30$33,322
Net plan assets at beginning of year (total assets less liabilities)2018-06-30$29,957
Assets. Value of employer securities2018-06-30$33,322
Total contributions received or receivable from employer(s)2018-06-30$0
Value of certain deemed distributions of participant loans2018-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-06-30$0
2017 : COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2017 401k financial data
Total income from all sources2017-06-30$12,361
Expenses. Total of all expenses incurred2017-06-30$0
Benefits paid (including direct rollovers)2017-06-30$0
Total plan assets at end of year2017-06-30$29,957
Total plan assets at beginning of year2017-06-30$17,596
Total contributions received or receivable from participants2017-06-30$0
Contributions received from other sources (not participants or employers)2017-06-30$0
Other income received2017-06-30$12,361
Net income (gross income less expenses)2017-06-30$12,361
Net plan assets at end of year (total assets less liabilities)2017-06-30$29,957
Net plan assets at beginning of year (total assets less liabilities)2017-06-30$17,596
Assets. Value of employer securities2017-06-30$29,957
Total contributions received or receivable from employer(s)2017-06-30$0
Value of certain deemed distributions of participant loans2017-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-06-30$0
2016 : COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2016 401k financial data
Total income from all sources2016-06-30$3,247
Expenses. Total of all expenses incurred2016-06-30$0
Benefits paid (including direct rollovers)2016-06-30$0
Total plan assets at end of year2016-06-30$17,596
Total plan assets at beginning of year2016-06-30$14,349
Total contributions received or receivable from participants2016-06-30$0
Contributions received from other sources (not participants or employers)2016-06-30$0
Other income received2016-06-30$3,247
Net income (gross income less expenses)2016-06-30$3,247
Net plan assets at end of year (total assets less liabilities)2016-06-30$17,596
Net plan assets at beginning of year (total assets less liabilities)2016-06-30$14,349
Assets. Value of employer securities2016-06-30$17,596
Total contributions received or receivable from employer(s)2016-06-30$0
Value of certain deemed distributions of participant loans2016-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-06-30$0
2015 : COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2015 401k financial data
Total income from all sources2015-06-30$-30,651
Expenses. Total of all expenses incurred2015-06-30$0
Benefits paid (including direct rollovers)2015-06-30$0
Total plan assets at end of year2015-06-30$14,349
Total plan assets at beginning of year2015-06-30$45,000
Value of fidelity bond covering the plan2015-06-30$8,000
Total contributions received or receivable from participants2015-06-30$0
Contributions received from other sources (not participants or employers)2015-06-30$0
Other income received2015-06-30$-30,651
Net income (gross income less expenses)2015-06-30$-30,651
Net plan assets at end of year (total assets less liabilities)2015-06-30$14,349
Net plan assets at beginning of year (total assets less liabilities)2015-06-30$45,000
Assets. Value of employer securities2015-06-30$14,349
Total contributions received or receivable from employer(s)2015-06-30$0
Value of certain deemed distributions of participant loans2015-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-06-30$0
2014 : COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2014 401k financial data
Total income from all sources2014-06-30$43,362
Expenses. Total of all expenses incurred2014-06-30$25
Total plan assets at end of year2014-06-30$45,000
Total plan assets at beginning of year2014-06-30$1,663
Value of fidelity bond covering the plan2014-06-30$8,000
Contributions received from other sources (not participants or employers)2014-06-30$10,000
Other income received2014-06-30$33,362
Net income (gross income less expenses)2014-06-30$43,337
Net plan assets at end of year (total assets less liabilities)2014-06-30$45,000
Net plan assets at beginning of year (total assets less liabilities)2014-06-30$1,663
Assets. Value of employer securities2014-06-30$45,000
Expenses. Administrative service providers (salaries,fees and commissions)2014-06-30$25
2013 : COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2013 401k financial data
Total income from all sources2013-06-30$-78,271
Expenses. Total of all expenses incurred2013-06-30$66
Total plan assets at end of year2013-06-30$1,663
Total plan assets at beginning of year2013-06-30$80,000
Value of fidelity bond covering the plan2013-06-30$8,000
Contributions received from other sources (not participants or employers)2013-06-30$49,975
Other income received2013-06-30$-128,246
Net income (gross income less expenses)2013-06-30$-78,337
Net plan assets at end of year (total assets less liabilities)2013-06-30$1,663
Net plan assets at beginning of year (total assets less liabilities)2013-06-30$80,000
Assets. Value of employer securities2013-06-30$1,663
Expenses. Administrative service providers (salaries,fees and commissions)2013-06-30$66
2012 : COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2012 401k financial data
Total income from all sources2012-06-30$80,025
Expenses. Total of all expenses incurred2012-06-30$25
Benefits paid (including direct rollovers)2012-06-30$0
Total plan assets at end of year2012-06-30$80,000
Value of fidelity bond covering the plan2012-06-30$8,000
Total contributions received or receivable from participants2012-06-30$0
Expenses. Other expenses not covered elsewhere2012-06-30$25
Contributions received from other sources (not participants or employers)2012-06-30$80,000
Other income received2012-06-30$25
Net income (gross income less expenses)2012-06-30$80,000
Net plan assets at end of year (total assets less liabilities)2012-06-30$80,000
Assets. Value of employer securities2012-06-30$80,000
Total contributions received or receivable from employer(s)2012-06-30$0
Value of certain deemed distributions of participant loans2012-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-06-30$25

Form 5500 Responses for COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN

2019: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2019 form 5500 responses
2019-07-01Type of plan entitySingle employer plan
2019-07-01Submission has been amendedNo
2019-07-01This submission is the final filingYes
2019-07-01This return/report is a short plan year return/report (less than 12 months)Yes
2019-07-01Plan is a collectively bargained planNo
2019-07-01Plan funding arrangement – TrustYes
2019-07-01Plan benefit arrangement - TrustYes
2018: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2018 form 5500 responses
2018-07-01Type of plan entitySingle employer plan
2018-07-01Submission has been amendedNo
2018-07-01This submission is the final filingNo
2018-07-01This return/report is a short plan year return/report (less than 12 months)No
2018-07-01Plan is a collectively bargained planNo
2018-07-01Plan funding arrangement – TrustYes
2018-07-01Plan benefit arrangement - TrustYes
2017: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2017 form 5500 responses
2017-07-01Type of plan entitySingle employer plan
2017-07-01Plan funding arrangement – TrustYes
2017-07-01Plan benefit arrangement - TrustYes
2016: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2016 form 5500 responses
2016-07-01Type of plan entitySingle employer plan
2016-07-01Plan funding arrangement – TrustYes
2016-07-01Plan benefit arrangement - TrustYes
2015: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2015 form 5500 responses
2015-07-01Type of plan entitySingle employer plan
2015-07-01Plan funding arrangement – TrustYes
2015-07-01Plan benefit arrangement - TrustYes
2014: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2014 form 5500 responses
2014-07-01Type of plan entitySingle employer plan
2014-07-01Plan funding arrangement – TrustYes
2014-07-01Plan benefit arrangement - TrustYes
2013: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2013 form 5500 responses
2013-07-01Type of plan entitySingle employer plan
2013-07-01Plan funding arrangement – TrustYes
2013-07-01Plan benefit arrangement - TrustYes
2012: COMPASS FINANCIAL SERVICE, INC. RETIREMENT PLAN 2012 form 5500 responses
2012-07-01Type of plan entitySingle employer plan
2012-07-01Plan funding arrangement – TrustYes
2012-07-01Plan benefit arrangement - TrustYes
2012-05-11Type of plan entitySingle employer plan
2012-05-11First time form 5500 has been submittedYes
2012-05-11This return/report is a short plan year return/report (less than 12 months)Yes
2012-05-11Plan funding arrangement – TrustYes
2012-05-11Plan benefit arrangement - TrustYes

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