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EMPLOYEES, INC. 401(K) PLAN 401k Plan overview

Plan NameEMPLOYEES, INC. 401(K) PLAN
Plan identification number 001

EMPLOYEES, INC. 401(K) PLAN Benefits

401k Plan TypeDefined 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(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.
  • 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

EMPLOYEES, INC. has sponsored the creation of one or more 401k plans.

Company Name:EMPLOYEES, INC.
Employer identification number (EIN):742923455
NAIC Classification:561300

Additional information about EMPLOYEES, INC.

Jurisdiction of Incorporation: Nevada Department of State
Incorporation Date: 2008-04-30
Company Identification Number: 20081095938
Legal Registered Office Address: 3155 EAST PATRICK LN STE 1

LAS VEGAS
United States of America (USA)
89120-3481

More information about EMPLOYEES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-01-01
0012018-01-01
0012017-01-01THERESA CRISTIANO THERESA CRISTIANO2018-11-02
0012016-01-01THERESA CRISTIANO THERESA CRISTIANO2018-01-08
0012015-01-01THERESA CRISTIANO THERESA CRISTIANO2016-11-16
0012014-01-01THERESA CRISTIANO THERESA CRISTIANO2015-10-13

Plan Statistics for EMPLOYEES, INC. 401(K) PLAN

401k plan membership statisitcs for EMPLOYEES, INC. 401(K) PLAN

Measure Date Value
2019: EMPLOYEES, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01577
Total number of active participants reported on line 7a of the Form 55002019-01-010
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-010
Number of participants with account balances2019-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: EMPLOYEES, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01916
Total number of active participants reported on line 7a of the Form 55002018-01-011
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01576
Total of all active and inactive participants2018-01-01577
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01577
Number of participants with account balances2018-01-01577
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: EMPLOYEES, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01919
Total number of active participants reported on line 7a of the Form 55002017-01-01362
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01550
Total of all active and inactive participants2017-01-01912
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01912
Number of participants with account balances2017-01-01896
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-01280
2016: EMPLOYEES, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01587
Total number of active participants reported on line 7a of the Form 55002016-01-01532
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01375
Total of all active and inactive participants2016-01-01907
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01907
Number of participants with account balances2016-01-01889
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-01170
2015: EMPLOYEES, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01351
Total number of active participants reported on line 7a of the Form 55002015-01-01398
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01175
Total of all active and inactive participants2015-01-01573
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01573
Number of participants with account balances2015-01-01551
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-01117
2014: EMPLOYEES, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01195
Total number of active participants reported on line 7a of the Form 55002014-01-01259
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01101
Total of all active and inactive participants2014-01-01360
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01360
Number of participants with account balances2014-01-01358
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0198

Financial Data on EMPLOYEES, INC. 401(K) PLAN

Measure Date Value
2019 : EMPLOYEES, INC. 401(K) PLAN 2019 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-11-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-11-30$0
Total income from all sources (including contributions)2019-11-30$23,695
Total of all expenses incurred2019-11-30$802,123
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-11-30$651,211
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-11-30$0
Value of total assets at end of year2019-11-30$0
Value of total assets at beginning of year2019-11-30$778,428
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-11-30$150,912
Total interest from all sources2019-11-30$38
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-11-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2019-11-30$0
Administrative expenses professional fees incurred2019-11-30$106,910
Was this plan covered by a fidelity bond2019-11-30No
If this is an individual account plan, was there a blackout period2019-11-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-11-30$0
Were there any nonexempt tranactions with any party-in-interest2019-11-30No
Contributions received from participants2019-11-30$0
Participant contributions at end of year2019-11-30$0
Participant contributions at beginning of year2019-11-30$2,090
Participant contributions at end of year2019-11-30$0
Participant contributions at beginning of year2019-11-30$546
Income. Received or receivable in cash from other sources (including rollovers)2019-11-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-11-30$0
Administrative expenses (other) incurred2019-11-30$28,660
Liabilities. Value of operating payables at end of year2019-11-30$0
Liabilities. Value of operating payables at beginning of year2019-11-30$0
Total non interest bearing cash at end of year2019-11-30$0
Total non interest bearing cash at beginning of year2019-11-30$102,107
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-11-30No
Income. Non cash contributions2019-11-30$0
Value of net income/loss2019-11-30$-778,428
Value of net assets at end of year (total assets less liabilities)2019-11-30$0
Value of net assets at beginning of year (total assets less liabilities)2019-11-30$778,428
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-11-30No
Were any loans by the plan or fixed income obligations due to the plan in default2019-11-30No
Were any leases to which the plan was party in default or uncollectible2019-11-30No
Investment advisory and management fees2019-11-30$15,342
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-11-30$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-11-30$645,572
Interest on participant loans2019-11-30$38
Net investment gain/loss from pooled separate accounts2019-11-30$23,657
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-11-30No
Was there a failure to transmit to the plan any participant contributions2019-11-30No
Has the plan failed to provide any benefit when due under the plan2019-11-30No
Contributions received in cash from employer2019-11-30$0
Employer contributions (assets) at end of year2019-11-30$0
Employer contributions (assets) at beginning of year2019-11-30$28,113
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-11-30$651,211
Liabilities. Value of benefit claims payable at end of year2019-11-30$0
Did the plan have assets held for investment2019-11-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-11-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-11-30Yes
Liabilities. Value of acquisition indebtedness at beginning of year2019-11-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-11-30Yes
Opinion of an independent qualified public accountant for this plan2019-11-30Disclaimer
Accountancy firm name2019-11-30BURTON MCCUMBER & LONGORIA, LLP
Accountancy firm EIN2019-11-30742609610
2018 : EMPLOYEES, INC. 401(K) PLAN 2018 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$22,156
Total income from all sources (including contributions)2018-12-31$77,281
Total of all expenses incurred2018-12-31$1,009,779
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$935,310
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$126,091
Value of total assets at end of year2018-12-31$778,428
Value of total assets at beginning of year2018-12-31$1,733,082
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$74,469
Total interest from all sources2018-12-31$643
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$24,225
Was this plan covered by a fidelity bond2018-12-31No
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$71,177
Participant contributions at end of year2018-12-31$2,090
Participant contributions at beginning of year2018-12-31$38,827
Participant contributions at end of year2018-12-31$546
Participant contributions at beginning of year2018-12-31$21,735
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$412
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$22,156
Administrative expenses (other) incurred2018-12-31$50,244
Total non interest bearing cash at end of year2018-12-31$102,107
Total non interest bearing cash at beginning of year2018-12-31$97,314
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-932,498
Value of net assets at end of year (total assets less liabilities)2018-12-31$778,428
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$1,710,926
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$645,572
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$1,517,410
Interest on participant loans2018-12-31$643
Net investment gain/loss from pooled separate accounts2018-12-31$-49,453
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$54,502
Employer contributions (assets) at end of year2018-12-31$28,113
Employer contributions (assets) at beginning of year2018-12-31$57,796
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$935,310
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31BURTON MCCUMBER & LONGORIA, LLP
Accountancy firm EIN2018-12-31742609610
2017 : EMPLOYEES, INC. 401(K) PLAN 2017 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$22,156
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$422
Total income from all sources (including contributions)2017-12-31$811,822
Total of all expenses incurred2017-12-31$280,775
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$214,238
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$630,545
Value of total assets at end of year2017-12-31$1,733,082
Value of total assets at beginning of year2017-12-31$1,180,301
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$66,537
Total interest from all sources2017-12-31$1,130
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$10,725
Was this plan covered by a fidelity bond2017-12-31No
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$318,679
Participant contributions at end of year2017-12-31$38,827
Participant contributions at beginning of year2017-12-31$4,646
Participant contributions at end of year2017-12-31$21,735
Participant contributions at beginning of year2017-12-31$61,868
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$22,156
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$422
Administrative expenses (other) incurred2017-12-31$55,812
Total non interest bearing cash at end of year2017-12-31$97,314
Total non interest bearing cash at beginning of year2017-12-31$38,771
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$531,047
Value of net assets at end of year (total assets less liabilities)2017-12-31$1,710,926
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$1,179,879
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 registered invesment companies (eg mutual funds) at end of year2017-12-31$1,517,410
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$995,708
Interest on participant loans2017-12-31$1,130
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$0
Net investment gain/loss from pooled separate accounts2017-12-31$180,147
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 contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$311,866
Employer contributions (assets) at end of year2017-12-31$57,796
Employer contributions (assets) at beginning of year2017-12-31$79,308
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$214,238
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 name2017-12-31BURTON MCCUMBER & LONGORIA, LLP
Accountancy firm EIN2017-12-31742609610
2016 : EMPLOYEES, INC. 401(K) PLAN 2016 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$422
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$233
Total income from all sources (including contributions)2016-12-31$687,848
Total of all expenses incurred2016-12-31$120,195
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$77,846
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$616,129
Value of total assets at end of year2016-12-31$1,180,301
Value of total assets at beginning of year2016-12-31$612,459
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$42,349
Total interest from all sources2016-12-31$40
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Administrative expenses professional fees incurred2016-12-31$4,950
Was this plan covered by a fidelity bond2016-12-31No
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$308,989
Participant contributions at end of year2016-12-31$4,646
Participant contributions at end of year2016-12-31$61,868
Participant contributions at beginning of year2016-12-31$21,919
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$395
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$422
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$233
Administrative expenses (other) incurred2016-12-31$37,399
Total non interest bearing cash at end of year2016-12-31$38,771
Total non interest bearing cash at beginning of year2016-12-31$20,147
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$567,653
Value of net assets at end of year (total assets less liabilities)2016-12-31$1,179,879
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$612,226
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$995,708
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$551,610
Interest on participant loans2016-12-31$40
Net investment gain/loss from pooled separate accounts2016-12-31$71,679
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31Yes
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$306,745
Employer contributions (assets) at end of year2016-12-31$79,308
Employer contributions (assets) at beginning of year2016-12-31$18,783
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$77,846
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31BURTON MCCUMBER & CORTEZ, LLP
Accountancy firm EIN2016-12-31742609610
2015 : EMPLOYEES, INC. 401(K) PLAN 2015 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$233
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$458,465
Total of all expenses incurred2015-12-31$48,889
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$23,025
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$472,369
Value of total assets at end of year2015-12-31$612,459
Value of total assets at beginning of year2015-12-31$202,650
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$25,864
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$2,925
Was this plan covered by a fidelity bond2015-12-31No
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$240,934
Participant contributions at end of year2015-12-31$21,919
Participant contributions at beginning of year2015-12-31$7,094
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$1,248
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$233
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$0
Administrative expenses (other) incurred2015-12-31$22,939
Total non interest bearing cash at end of year2015-12-31$20,147
Total non interest bearing cash at beginning of year2015-12-31$1,161
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$409,576
Value of net assets at end of year (total assets less liabilities)2015-12-31$612,226
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$202,650
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$551,610
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$183,236
Net investment gain/loss from pooled separate accounts2015-12-31$-13,904
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$230,187
Employer contributions (assets) at end of year2015-12-31$18,783
Employer contributions (assets) at beginning of year2015-12-31$11,159
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$23,025
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31BURTON MCCUMBER & CORTEZ, LLP
Accountancy firm EIN2015-12-31742609610
2014 : EMPLOYEES, INC. 401(K) PLAN 2014 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$212,403
Total of all expenses incurred2014-12-31$9,753
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$2,295
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$210,774
Value of total assets at end of year2014-12-31$202,650
Value of total assets at beginning of year2014-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$7,458
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$525
Was this plan covered by a fidelity bond2014-12-31No
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$106,678
Participant contributions at end of year2014-12-31$7,094
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$633
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$0
Administrative expenses (other) incurred2014-12-31$6,933
Total non interest bearing cash at end of year2014-12-31$1,161
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$202,650
Value of net assets at end of year (total assets less liabilities)2014-12-31$202,650
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$183,236
Net investment gain/loss from pooled separate accounts2014-12-31$1,629
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$103,463
Employer contributions (assets) at end of year2014-12-31$11,159
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$2,295
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31JUAN E RIVERA, CPA
Accountancy firm EIN2014-12-31742277008

Form 5500 Responses for EMPLOYEES, INC. 401(K) PLAN

2019: EMPLOYEES, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingYes
2019-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: EMPLOYEES, INC. 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 filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
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: EMPLOYEES, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
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
2016: EMPLOYEES, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: EMPLOYEES, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
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 – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: EMPLOYEES, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01First time form 5500 has been submittedYes
2014-01-01Submission has been amendedNo
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 – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number114925
Policy instance 1
Insurance contract or identification number114925
Insurance policy start date2019-01-01
Insurance policy end date2019-11-30
Total amount of commissions paid to insurance brokerUSD $2,001
Total amount of fees paid to insurance companyUSD $34,838
Commission paid to Insurance BrokerUSD $91
Amount paid for insurance broker fees34838
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number114925
Policy instance 1
Insurance contract or identification number114925
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $12,005
Total amount of fees paid to insurance companyUSD $55,165
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $596
Amount paid for insurance broker fees55165
Additional information about fees paid to insurance brokerADMINISTRATION, LOANS AND DISTRIBUTION PROCESSING
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number114925
Policy instance 1
Insurance contract or identification number114925
Number of Individuals Covered938
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $12,921
Total amount of fees paid to insurance companyUSD $21,771
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $633
Amount paid for insurance broker fees21771
Additional information about fees paid to insurance brokerDISTRIBUTION PROCESSING
Insurance broker organization code?5
Insurance broker nameFARMERS FINANCIAL SOLUTIONS, LLC
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number114925
Policy instance 1
Insurance contract or identification number114925
Number of Individuals Covered538
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $6,305
Total amount of fees paid to insurance companyUSD $2,925
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,847
Amount paid for insurance broker fees2925
Additional information about fees paid to insurance brokerDISTRIBUTION PROCESSING
Insurance broker organization code?5
Insurance broker nameFARMERS FINANCIAL SOLUTIONS, LLC
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number114925
Policy instance 1
Insurance contract or identification number114925
Number of Individuals Covered350
Insurance policy start date2014-07-25
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $1,511
Total amount of fees paid to insurance companyUSD $525
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,191
Amount paid for insurance broker fees525
Additional information about fees paid to insurance brokerDISTRIBUTION PROCESSING
Insurance broker organization code?5
Insurance broker nameFARMERS FINANCIAL SOLUTIONS, LLC

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