401k Plan data: PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN plan

PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN
Plan identification number	003

PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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(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.
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

PARAGO SERVICES CORP has sponsored the creation of one or more 401k plans.

Company Name: PARAGO SERVICES CORP

Employer identification number (EIN): 463275099

NAIC Classification: 561900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2014-01-01 R. ROBIN STACEY R. ROBIN STACEY 2015-06-03
003 2013-01-01 R. ROBIN STACEY 2014-04-04 R. ROBIN STACEY 2014-04-04

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2014-01-01	R. ROBIN STACEY		R. ROBIN STACEY	2015-06-03
003	2013-01-01	R. ROBIN STACEY	2014-04-04	R. ROBIN STACEY	2014-04-04

Plan Statistics for PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN

Measure Date Value
2014: PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 134
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 0
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 0
Number of participants with account balances 2014-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0

Measure	Date	Value
2014: PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	134
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	0
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	0
Number of participants with account balances	2014-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0

Financial Data on PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2014 : PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-08-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-08-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-08-31	$0
Total income from all sources (including contributions)	2014-08-31	$404,245
Total loss/gain on sale of assets	2014-08-31	$0
Total of all expenses incurred	2014-08-31	$4,402,250
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-08-31	$4,398,800
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-08-31	$293,395
Value of total assets at end of year	2014-08-31	$0
Value of total assets at beginning of year	2014-08-31	$3,998,005
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-08-31	$3,450
Total interest from all sources	2014-08-31	$6,004
Total dividends received (eg from common stock, registered investment company shares)	2014-08-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-08-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2014-08-31	$0
Was this plan covered by a fidelity bond	2014-08-31	Yes
Value of fidelity bond cover	2014-08-31	$450,000
If this is an individual account plan, was there a blackout period	2014-08-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-08-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-08-31	No
Contributions received from participants	2014-08-31	$28,509
Participant contributions at beginning of year	2014-08-31	$41,684
Participant contributions at end of year	2014-08-31	$0
Participant contributions at beginning of year	2014-08-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2014-08-31	$238,627
Value of other receiveables (less allowance for doubtful accounts) at end of year	2014-08-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2014-08-31	$0
Total non interest bearing cash at end of year	2014-08-31	$0
Total non interest bearing cash at beginning of year	2014-08-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-08-31	No
Value of net income/loss	2014-08-31	$-3,998,005
Value of net assets at end of year (total assets less liabilities)	2014-08-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2014-08-31	$3,998,005
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-08-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-08-31	No
Were any leases to which the plan was party in default or uncollectible	2014-08-31	No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-08-31	$3,827,804
Interest on participant loans	2014-08-31	$866
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-08-31	$5,138
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-08-31	$104,846
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-08-31	Yes
Was there a failure to transmit to the plan any participant contributions	2014-08-31	No
Has the plan failed to provide any benefit when due under the plan	2014-08-31	No
Contributions received in cash from employer	2014-08-31	$26,259
Employer contributions (assets) at end of year	2014-08-31	$0
Employer contributions (assets) at beginning of year	2014-08-31	$128,517
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-08-31	$4,398,800
Contract administrator fees	2014-08-31	$3,450
Did the plan have assets held for investment	2014-08-31	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	2014-08-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-08-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-08-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-08-31	Disclaimer
Accountancy firm name	2014-08-31	SALMON SIMS THOMAS
Accountancy firm EIN	2014-08-31	050568611

Form 5500 Responses for PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN

2014: PARAGO SERVICES CORP 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	Yes
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

PARAGO SERVICES CORPORATION EMPLOYEE WELFARE BENEFIT PLAN [EIN = 411230527]

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Company Name:	PARAGO SERVICES CORP
Employer identification number (EIN):	463275099
NAIC Classification:	561900