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ONESOURCE T & D, LLC 401(K) PLAN 401k Plan overview

Plan NameONESOURCE T & D, LLC 401(K) PLAN
Plan identification number 001

ONESOURCE T & D, LLC 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • Plan covering Self-Employed individuals.
  • 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

ONESOURCE T & D, LLC has sponsored the creation of one or more 401k plans.

Company Name:ONESOURCE T & D, LLC
Employer identification number (EIN):474278826
NAIC Classification:237100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ONESOURCE T & D, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01BRIAN LEE BRIAN LEE2018-09-25
0012017-01-01BRIAN LEE BRIAN LEE2018-09-20
0012017-01-01BRIAN LEE BRIAN LEE2018-09-19
0012016-01-01BRIAN LEE2017-06-15 BRIAN LEE2017-06-15

Plan Statistics for ONESOURCE T & D, LLC 401(K) PLAN

401k plan membership statisitcs for ONESOURCE T & D, LLC 401(K) PLAN

Measure Date Value
2018: ONESOURCE T & D, LLC 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01111
Total number of active participants reported on line 7a of the Form 55002018-01-010
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-010
Number of participants with account balances2018-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: ONESOURCE T & D, LLC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01160
Total number of active participants reported on line 7a of the Form 55002017-01-0148
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0155
Total of all active and inactive participants2017-01-01103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01103
Number of participants with account balances2017-01-0197
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0144

Financial Data on ONESOURCE T & D, LLC 401(K) PLAN

Measure Date Value
2018 : ONESOURCE T & D, LLC 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-07-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-07-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-07-30$0
Total income from all sources (including contributions)2018-07-30$28,080
Total loss/gain on sale of assets2018-07-30$0
Total of all expenses incurred2018-07-30$358,486
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-07-30$351,560
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-07-30$26,334
Value of total assets at end of year2018-07-30$0
Value of total assets at beginning of year2018-07-30$330,406
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-07-30$6,926
Total interest from all sources2018-07-30$766
Total dividends received (eg from common stock, registered investment company shares)2018-07-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-07-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2018-07-30$0
Was this plan covered by a fidelity bond2018-07-30No
If this is an individual account plan, was there a blackout period2018-07-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-07-30$0
Were there any nonexempt tranactions with any party-in-interest2018-07-30No
Contributions received from participants2018-07-30$18,468
Participant contributions at end of year2018-07-30$0
Participant contributions at beginning of year2018-07-30$32,274
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-07-30No
Value of net income/loss2018-07-30$-330,406
Value of net assets at end of year (total assets less liabilities)2018-07-30$0
Value of net assets at beginning of year (total assets less liabilities)2018-07-30$330,406
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-07-30No
Were any loans by the plan or fixed income obligations due to the plan in default2018-07-30No
Were any leases to which the plan was party in default or uncollectible2018-07-30No
Value of interest in pooled separate accounts at end of year2018-07-30$0
Value of interest in pooled separate accounts at beginning of year2018-07-30$215,367
Interest on participant loans2018-07-30$470
Interest earned on other investments2018-07-30$296
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-07-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-07-30$82,765
Net investment gain/loss from pooled separate accounts2018-07-30$980
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-07-30No
Was there a failure to transmit to the plan any participant contributions2018-07-30No
Has the plan failed to provide any benefit when due under the plan2018-07-30No
Contributions received in cash from employer2018-07-30$7,866
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-07-30$351,560
Contract administrator fees2018-07-30$6,926
Did the plan have assets held for investment2018-07-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-07-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-07-30Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-07-30Yes
Opinion of an independent qualified public accountant for this plan2018-07-30Disclaimer
Accountancy firm name2018-07-30ONESOURCE T & D, LLC
Accountancy firm EIN2018-07-30474278826
2017 : ONESOURCE T & D, LLC 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$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$0
Total income from all sources (including contributions)2017-12-31$202,334
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$148,790
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$136,777
Value of total corrective distributions2017-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$170,816
Value of total assets at end of year2017-12-31$330,406
Value of total assets at beginning of year2017-12-31$276,862
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$12,013
Total interest from all sources2017-12-31$1,990
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Was this plan covered by a fidelity bond2017-12-31No
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$147,571
Participant contributions at end of year2017-12-31$32,274
Participant contributions at beginning of year2017-12-31$28,515
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$10,587
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$53,544
Value of net assets at end of year (total assets less liabilities)2017-12-31$330,406
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$276,862
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in pooled separate accounts at end of year2017-12-31$215,367
Value of interest in pooled separate accounts at beginning of year2017-12-31$188,665
Interest on participant loans2017-12-31$1,287
Interest earned on other investments2017-12-31$703
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$82,765
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$59,682
Net investment gain/loss from pooled separate accounts2017-12-31$29,528
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$12,658
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$136,777
Contract administrator fees2017-12-31$12,013
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31ONESOURCE T & D, LLC
Accountancy firm EIN2017-12-31474278826

Form 5500 Responses for ONESOURCE T & D, LLC 401(K) PLAN

2018: ONESOURCE T & D, LLC 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingYes
2018-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: ONESOURCE T & D, LLC 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedYes
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MINNESOTA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66168 )
Policy contract number068772
Policy instance 1
Insurance contract or identification number068772
Number of Individuals Covered0
Insurance policy start date2018-01-01
Insurance policy end date2018-07-30
Total amount of commissions paid to insurance brokerUSD $598
Total amount of fees paid to insurance companyUSD $0
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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 BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $598
Insurance broker organization code?3
Insurance broker nameCETERA ADVISORS, LLC
MINNESOTA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66168 )
Policy contract number001
Policy instance 1
Insurance contract or identification number001
Number of Individuals Covered103
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $2,046
Total amount of fees paid to insurance companyUSD $0
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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 BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
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 BrokerUSD $1,681
Insurance broker organization code?3
Insurance broker nameCETERA ADVISORS LLC

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