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UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameUNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Stock bonus
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

UNITED SOURCE ONE, INC has sponsored the creation of one or more 401k plans.

Company Name:UNITED SOURCE ONE, INC
Employer identification number (EIN):522280301
NAIC Classification:424400

Additional information about UNITED SOURCE ONE, INC

Jurisdiction of Incorporation: Maryland Secretary of State
Incorporation Date:
Company Identification Number: D06061840

More information about UNITED SOURCE ONE, INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022015-01-01RICHARD HARRELL RICHARD HARRELL2016-06-08
0022014-01-01RICHARD HARRELL RICHARD HARRELL2015-10-09
0022013-01-01RICHARD HARRELL RICHARD HARRELL2014-10-15
0022012-01-01RICHARD HARRELL RICHARD HARRELL2013-10-14
0022011-01-01RICHARD HARRELL RICHARD HARRELL2012-10-11
0022009-01-01RICHARD HARRELL RICHARD HARRELL2013-03-19

Plan Statistics for UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2015: UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0183
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-010
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0179
Total number of active participants reported on line 7a of the Form 55002014-01-0140
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0143
Total of all active and inactive participants2014-01-0183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0183
Number of participants with account balances2014-01-0181
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0113
2013: UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0169
Total number of active participants reported on line 7a of the Form 55002013-01-0154
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-0154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0154
Number of participants with account balances2013-01-0143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0164
Total number of active participants reported on line 7a of the Form 55002012-01-0147
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0122
Total of all active and inactive participants2012-01-0169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0169
Number of participants with account balances2012-01-0168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0113
2011: UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0157
Total number of active participants reported on line 7a of the Form 55002011-01-0154
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0110
Total of all active and inactive participants2011-01-0164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0164
Number of participants with account balances2011-01-0163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0110
2009: UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0170
Total number of active participants reported on line 7a of the Form 55002009-01-0170
Total of all active and inactive participants2009-01-0170
Total participants2009-01-0170

Financial Data on UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2015 : UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$1,423,868
Total income from all sources2015-12-31$1,422,274
Expenses. Total of all expenses incurred2015-12-31$68,486
Benefits paid (including direct rollovers)2015-12-31$68,486
Total plan assets at end of year2015-12-31$0
Total plan assets at beginning of year2015-12-31$70,080
Value of fidelity bond covering the plan2015-12-31$25,000
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$1,422,274
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$1,353,788
Net plan assets at end of year (total assets less liabilities)2015-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$-1,353,788
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2015-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2015-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022015-12-31$0
Assets. Value of employer securities2015-12-31$0
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$1,423,868
Total plan liabilities at beginning of year2014-12-31$1,708,868
Total income from all sources2014-12-31$-1,512,113
Expenses. Total of all expenses incurred2014-12-31$71,820
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$70,086
Total plan assets at beginning of year2014-12-31$1,939,019
Value of fidelity bond covering the plan2014-12-31$25,000
Total contributions received or receivable from participants2014-12-31$0
Expenses. Other expenses not covered elsewhere2014-12-31$71,820
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$-1,868,933
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$-1,583,933
Net plan assets at end of year (total assets less liabilities)2014-12-31$-1,353,782
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$230,151
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2014-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2014-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022014-12-31$0
Assets. Value of employer securities2014-12-31$3,500
Total contributions received or receivable from employer(s)2014-12-31$356,820
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$1,708,868
Total plan liabilities at beginning of year2013-12-31$1,992,968
Total income from all sources2013-12-31$-691,440
Expenses. Total of all expenses incurred2013-12-31$84,899
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$1,939,019
Total plan assets at beginning of year2013-12-31$2,999,458
Value of fidelity bond covering the plan2013-12-31$25,000
Total contributions received or receivable from participants2013-12-31$0
Expenses. Other expenses not covered elsewhere2013-12-31$84,899
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$-1,060,440
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$-776,339
Net plan assets at end of year (total assets less liabilities)2013-12-31$230,151
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,006,490
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2013-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2013-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022013-12-31$0
Assets. Value of employer securities2013-12-31$1,872,500
Total contributions received or receivable from employer(s)2013-12-31$369,000
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$1,992,968
Total plan liabilities at beginning of year2012-12-31$2,278,532
Total income from all sources2012-12-31$-702,626
Expenses. Total of all expenses incurred2012-12-31$95,436
Benefits paid (including direct rollovers)2012-12-31$0
Total plan assets at end of year2012-12-31$2,999,458
Total plan assets at beginning of year2012-12-31$4,083,084
Value of fidelity bond covering the plan2012-12-31$25,000
Total contributions received or receivable from participants2012-12-31$0
Expenses. Other expenses not covered elsewhere2012-12-31$95,436
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$-1,083,626
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$-798,062
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,006,490
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,804,552
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2012-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2012-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022012-12-31$0
Assets. Value of employer securities2012-12-31$2,933,000
Total contributions received or receivable from employer(s)2012-12-31$381,000
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$2,278,532
Total plan liabilities at beginning of year2011-12-31$2,564,700
Total income from all sources2011-12-31$658,053
Expenses. Total of all expenses incurred2011-12-31$106,832
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$4,083,084
Total plan assets at beginning of year2011-12-31$3,818,032
Value of fidelity bond covering the plan2011-12-31$25,000
Total contributions received or receivable from participants2011-12-31$0
Expenses. Other expenses not covered elsewhere2011-12-31$106,832
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$315,053
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$551,221
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,804,552
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,253,332
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2011-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2011-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022011-12-31$0
Assets. Value of employer securities2011-12-31$4,025,000
Total contributions received or receivable from employer(s)2011-12-31$343,000
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$2,564,700
Total plan liabilities at beginning of year2010-12-31$2,850,000
Total income from all sources2010-12-31$1,385,532
Expenses. Total of all expenses incurred2010-12-31$132,200
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$3,818,032
Total plan assets at beginning of year2010-12-31$2,850,000
Value of fidelity bond covering the plan2010-12-31$25,000
Total contributions received or receivable from participants2010-12-31$0
Expenses. Other expenses not covered elsewhere2010-12-31$119,700
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$1,373,032
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$1,253,332
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,253,332
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$0
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2010-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2010-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022010-12-31$0
Assets. Value of employer securities2010-12-31$3,710,000
Total contributions received or receivable from employer(s)2010-12-31$12,500
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$12,500
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN

2015: UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01This submission is the final filingYes
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: UNITED SOURCE ONE, INC EMPLOYEE STOCK OWNERSHIP PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01First time form 5500 has been submittedYes
2009-01-01Submission has been amendedYes
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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