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THE LOAN OFFICE, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE LOAN OFFICE, INC. PROFIT SHARING PLAN
Plan identification number 003

THE LOAN OFFICE, INC. PROFIT SHARING 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.
  • 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

THE LOAN OFFICE, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE LOAN OFFICE, INC.
Employer identification number (EIN):810492253
NAIC Classification:454390
NAIC Description:Other Direct Selling Establishments

Additional information about THE LOAN OFFICE, INC.

Jurisdiction of Incorporation: Colorado Department of State
Incorporation Date: 2011-08-30
Company Identification Number: 20111493154
Legal Registered Office Address: 16850 Cr 369

Buena Vista
United States of America (USA)
81211

More information about THE LOAN OFFICE, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE LOAN OFFICE, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032018-02-01EDWIN SHAFFER EDWIN SHAFFER2019-03-01
0032017-02-01EDWIN SHAFFER EDWIN SHAFFER2018-08-28
0032016-02-01EDWIN SHAFFER EDWIN SHAFFER2017-11-11
0032015-02-01EDWIN SHAFFER EDWIN SHAFFER2016-12-06
0032015-02-01 EDWIN SHAFFER2016-11-01
0032014-02-01EDWIN SHAFFER EDWIN SHAFFER2016-02-29
0032013-02-01EDWIN SHAFFER EDWIN SHAFFER2016-02-29
0032012-02-01EDWIN SHAFFER EDWIN SHAFFER2013-06-24
0032011-02-01EDWIN SHAFFER EDWIN SHAFFER2012-08-07

Plan Statistics for THE LOAN OFFICE, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for THE LOAN OFFICE, INC. PROFIT SHARING PLAN

Measure Date Value
2018: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-02-012
Total number of active participants reported on line 7a of the Form 55002018-02-010
Number of retired or separated participants receiving benefits2018-02-010
Number of other retired or separated participants entitled to future benefits2018-02-010
Total of all active and inactive participants2018-02-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-02-010
Total participants2018-02-010
Number of participants with account balances2018-02-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-02-010
2017: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-02-012
Total number of active participants reported on line 7a of the Form 55002017-02-012
Number of retired or separated participants receiving benefits2017-02-010
Number of other retired or separated participants entitled to future benefits2017-02-010
Total of all active and inactive participants2017-02-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-02-010
Total participants2017-02-012
Number of participants with account balances2017-02-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-02-010
2016: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-02-012
Total number of active participants reported on line 7a of the Form 55002016-02-012
Number of retired or separated participants receiving benefits2016-02-010
Number of other retired or separated participants entitled to future benefits2016-02-010
Total of all active and inactive participants2016-02-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-02-010
Total participants2016-02-012
Number of participants with account balances2016-02-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-02-010
2015: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-02-012
Total number of active participants reported on line 7a of the Form 55002015-02-012
Number of retired or separated participants receiving benefits2015-02-010
Number of other retired or separated participants entitled to future benefits2015-02-010
Total of all active and inactive participants2015-02-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-02-010
Total participants2015-02-012
Number of participants with account balances2015-02-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-02-010
2014: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-02-012
Total number of active participants reported on line 7a of the Form 55002014-02-012
Number of retired or separated participants receiving benefits2014-02-010
Number of other retired or separated participants entitled to future benefits2014-02-010
Total of all active and inactive participants2014-02-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-02-010
Total participants2014-02-012
Number of participants with account balances2014-02-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-02-010
2013: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-02-012
Total number of active participants reported on line 7a of the Form 55002013-02-012
Number of retired or separated participants receiving benefits2013-02-010
Number of other retired or separated participants entitled to future benefits2013-02-010
Total of all active and inactive participants2013-02-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-02-010
Total participants2013-02-012
Number of participants with account balances2013-02-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-02-010
2012: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-02-012
Total number of active participants reported on line 7a of the Form 55002012-02-012
Number of retired or separated participants receiving benefits2012-02-010
Number of other retired or separated participants entitled to future benefits2012-02-010
Total of all active and inactive participants2012-02-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-02-010
Total participants2012-02-012
Number of participants with account balances2012-02-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-02-010
2011: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-02-012
Total number of active participants reported on line 7a of the Form 55002011-02-012
Number of retired or separated participants receiving benefits2011-02-010
Number of other retired or separated participants entitled to future benefits2011-02-010
Total of all active and inactive participants2011-02-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-02-010
Total participants2011-02-012
Number of participants with account balances2011-02-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-02-010

Financial Data on THE LOAN OFFICE, INC. PROFIT SHARING PLAN

Measure Date Value
2019 : THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-01-31$12,719
Expenses. Total of all expenses incurred2019-01-31$454,264
Benefits paid (including direct rollovers)2019-01-31$454,264
Total plan assets at end of year2019-01-31$0
Total plan assets at beginning of year2019-01-31$441,545
Value of fidelity bond covering the plan2019-01-31$45,000
Total contributions received or receivable from participants2019-01-31$0
Expenses. Other expenses not covered elsewhere2019-01-31$0
Contributions received from other sources (not participants or employers)2019-01-31$0
Other income received2019-01-31$12,719
Net income (gross income less expenses)2019-01-31$-441,545
Net plan assets at end of year (total assets less liabilities)2019-01-31$0
Net plan assets at beginning of year (total assets less liabilities)2019-01-31$441,545
Assets. Value of employer securities2019-01-31$0
Total contributions received or receivable from employer(s)2019-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-01-31$0
2018 : THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-01-31$43,219
Expenses. Total of all expenses incurred2018-01-31$16,000
Benefits paid (including direct rollovers)2018-01-31$16,000
Total plan assets at end of year2018-01-31$441,545
Total plan assets at beginning of year2018-01-31$414,326
Value of fidelity bond covering the plan2018-01-31$45,000
Total contributions received or receivable from participants2018-01-31$0
Expenses. Other expenses not covered elsewhere2018-01-31$0
Contributions received from other sources (not participants or employers)2018-01-31$0
Other income received2018-01-31$43,219
Net income (gross income less expenses)2018-01-31$27,219
Net plan assets at end of year (total assets less liabilities)2018-01-31$441,545
Net plan assets at beginning of year (total assets less liabilities)2018-01-31$414,326
Assets. Value of employer securities2018-01-31$379,200
Total contributions received or receivable from employer(s)2018-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-01-31$0
2017 : THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-01-31$85,520
Expenses. Total of all expenses incurred2017-01-31$11,425
Benefits paid (including direct rollovers)2017-01-31$11,425
Total plan assets at end of year2017-01-31$414,326
Total plan assets at beginning of year2017-01-31$340,231
Value of fidelity bond covering the plan2017-01-31$66,000
Total contributions received or receivable from participants2017-01-31$0
Expenses. Other expenses not covered elsewhere2017-01-31$0
Contributions received from other sources (not participants or employers)2017-01-31$0
Other income received2017-01-31$73,520
Net income (gross income less expenses)2017-01-31$74,095
Net plan assets at end of year (total assets less liabilities)2017-01-31$414,326
Net plan assets at beginning of year (total assets less liabilities)2017-01-31$340,231
Assets. Value of participant loans2017-01-31$0
Assets. Value of employer securities2017-01-31$336,000
Total contributions received or receivable from employer(s)2017-01-31$12,000
Expenses. Administrative service providers (salaries,fees and commissions)2017-01-31$0
2016 : THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-01-31$26,928
Expenses. Total of all expenses incurred2016-01-31$0
Total plan assets at end of year2016-01-31$331,481
Total plan assets at beginning of year2016-01-31$304,553
Value of fidelity bond covering the plan2016-01-31$66,000
Total contributions received or receivable from participants2016-01-31$0
Assets. Value of loans (other than to participants)2016-01-31$48,393
Expenses. Other expenses not covered elsewhere2016-01-31$0
Contributions received from other sources (not participants or employers)2016-01-31$0
Other income received2016-01-31$26,928
Net income (gross income less expenses)2016-01-31$26,928
Net plan assets at end of year (total assets less liabilities)2016-01-31$331,481
Net plan assets at beginning of year (total assets less liabilities)2016-01-31$304,553
Assets. Value of employer securities2016-01-31$264,000
Total contributions received or receivable from employer(s)2016-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-01-31$0
2015 : THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan2015-01-31$0
Total income from all sources2015-01-31$4,115
Expenses. Total of all expenses incurred2015-01-31$0
Benefits paid (including direct rollovers)2015-01-31$0
Total plan assets at end of year2015-01-31$304,553
Total plan assets at beginning of year2015-01-31$300,438
Value of fidelity bond covering the plan2015-01-31$35,000
Total contributions received or receivable from participants2015-01-31$0
Expenses. Other expenses not covered elsewhere2015-01-31$0
Contributions received from other sources (not participants or employers)2015-01-31$0
Other income received2015-01-31$2,915
Noncash contributions received2015-01-31$0
Net income (gross income less expenses)2015-01-31$4,115
Net plan assets at end of year (total assets less liabilities)2015-01-31$304,553
Net plan assets at beginning of year (total assets less liabilities)2015-01-31$300,438
Assets. Value of participant loans2015-01-31$49,065
Assets. Value of employer securities2015-01-31$240,000
Total contributions received or receivable from employer(s)2015-01-31$1,200
Value of certain deemed distributions of participant loans2015-01-31$0
Value of corrective distributions2015-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-01-31$0
2014 : THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2014 401k financial data
Transfers to/from the plan2014-01-31$0
Total income from all sources2014-01-31$2,936
Expenses. Total of all expenses incurred2014-01-31$0
Benefits paid (including direct rollovers)2014-01-31$0
Total plan assets at end of year2014-01-31$300,438
Total plan assets at beginning of year2014-01-31$297,502
Value of fidelity bond covering the plan2014-01-31$35,000
Total contributions received or receivable from participants2014-01-31$0
Expenses. Other expenses not covered elsewhere2014-01-31$0
Contributions received from other sources (not participants or employers)2014-01-31$0
Other income received2014-01-31$1,736
Noncash contributions received2014-01-31$0
Net income (gross income less expenses)2014-01-31$2,936
Net plan assets at end of year (total assets less liabilities)2014-01-31$300,438
Net plan assets at beginning of year (total assets less liabilities)2014-01-31$297,502
Assets. Value of participant loans2014-01-31$49,749
Assets. Value of employer securities2014-01-31$240,000
Total contributions received or receivable from employer(s)2014-01-31$1,200
Value of certain deemed distributions of participant loans2014-01-31$0
Value of corrective distributions2014-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-01-31$0
2013 : THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan2013-01-31$0
Total income from all sources2013-01-31$1,294
Expenses. Total of all expenses incurred2013-01-31$0
Benefits paid (including direct rollovers)2013-01-31$0
Total plan assets at end of year2013-01-31$297,502
Total plan assets at beginning of year2013-01-31$296,208
Value of fidelity bond covering the plan2013-01-31$30,000
Total contributions received or receivable from participants2013-01-31$0
Expenses. Other expenses not covered elsewhere2013-01-31$0
Contributions received from other sources (not participants or employers)2013-01-31$0
Other income received2013-01-31$94
Noncash contributions received2013-01-31$0
Net income (gross income less expenses)2013-01-31$1,294
Net plan assets at end of year (total assets less liabilities)2013-01-31$297,502
Net plan assets at beginning of year (total assets less liabilities)2013-01-31$296,208
Assets. Value of employer securities2013-01-31$240,000
Total contributions received or receivable from employer(s)2013-01-31$1,200
Value of certain deemed distributions of participant loans2013-01-31$0
Value of corrective distributions2013-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-01-31$0
2012 : THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan2012-01-31$0
Total plan liabilities at end of year2012-01-31$0
Total plan liabilities at beginning of year2012-01-31$0
Total income from all sources2012-01-31$154
Expenses. Total of all expenses incurred2012-01-31$0
Benefits paid (including direct rollovers)2012-01-31$0
Total plan assets at end of year2012-01-31$296,208
Total plan assets at beginning of year2012-01-31$296,054
Total contributions received or receivable from participants2012-01-31$0
Expenses. Other expenses not covered elsewhere2012-01-31$0
Contributions received from other sources (not participants or employers)2012-01-31$0
Other income received2012-01-31$154
Noncash contributions received2012-01-31$0
Net income (gross income less expenses)2012-01-31$154
Net plan assets at end of year (total assets less liabilities)2012-01-31$296,208
Net plan assets at beginning of year (total assets less liabilities)2012-01-31$296,054
Assets. Value of employer securities2012-01-31$240,000
Total contributions received or receivable from employer(s)2012-01-31$0
Value of certain deemed distributions of participant loans2012-01-31$0
Value of corrective distributions2012-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-01-31$0

Form 5500 Responses for THE LOAN OFFICE, INC. PROFIT SHARING PLAN

2018: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2018 form 5500 responses
2018-02-01Type of plan entitySingle employer plan
2018-02-01Submission has been amendedNo
2018-02-01This submission is the final filingYes
2018-02-01This return/report is a short plan year return/report (less than 12 months)No
2018-02-01Plan is a collectively bargained planNo
2018-02-01Plan funding arrangement – TrustYes
2018-02-01Plan benefit arrangement - TrustYes
2017: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2017 form 5500 responses
2017-02-01Type of plan entitySingle employer plan
2017-02-01Submission has been amendedNo
2017-02-01This submission is the final filingNo
2017-02-01This return/report is a short plan year return/report (less than 12 months)No
2017-02-01Plan is a collectively bargained planNo
2017-02-01Plan funding arrangement – TrustYes
2017-02-01Plan benefit arrangement - TrustYes
2016: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2016 form 5500 responses
2016-02-01Type of plan entitySingle employer plan
2016-02-01Submission has been amendedNo
2016-02-01This submission is the final filingNo
2016-02-01This return/report is a short plan year return/report (less than 12 months)No
2016-02-01Plan is a collectively bargained planNo
2016-02-01Plan funding arrangement – TrustYes
2016-02-01Plan benefit arrangement - TrustYes
2015: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2015 form 5500 responses
2015-02-01Type of plan entitySingle employer plan
2015-02-01Submission has been amendedYes
2015-02-01This submission is the final filingNo
2015-02-01This return/report is a short plan year return/report (less than 12 months)No
2015-02-01Plan is a collectively bargained planNo
2015-02-01Plan funding arrangement – TrustYes
2015-02-01Plan benefit arrangement - TrustYes
2014: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2014 form 5500 responses
2014-02-01Type of plan entitySingle employer plan
2014-02-01Submission has been amendedYes
2014-02-01This submission is the final filingNo
2014-02-01This return/report is a short plan year return/report (less than 12 months)No
2014-02-01Plan is a collectively bargained planNo
2014-02-01Plan funding arrangement – TrustYes
2014-02-01Plan benefit arrangement - TrustYes
2013: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-02-01Type of plan entitySingle employer plan
2013-02-01Submission has been amendedYes
2013-02-01This submission is the final filingNo
2013-02-01This return/report is a short plan year return/report (less than 12 months)No
2013-02-01Plan is a collectively bargained planNo
2013-02-01Plan funding arrangement – TrustYes
2013-02-01Plan benefit arrangement - TrustYes
2012: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2012 form 5500 responses
2012-02-01Type of plan entitySingle employer plan
2012-02-01Submission has been amendedNo
2012-02-01This submission is the final filingNo
2012-02-01This return/report is a short plan year return/report (less than 12 months)No
2012-02-01Plan is a collectively bargained planNo
2012-02-01Plan funding arrangement – TrustYes
2012-02-01Plan benefit arrangement - TrustYes
2011: THE LOAN OFFICE, INC. PROFIT SHARING PLAN 2011 form 5500 responses
2011-02-01Type of plan entitySingle employer plan
2011-02-01Submission has been amendedNo
2011-02-01This submission is the final filingNo
2011-02-01This return/report is a short plan year return/report (less than 12 months)No
2011-02-01Plan is a collectively bargained planNo
2011-02-01Plan funding arrangement – TrustYes
2011-02-01Plan benefit arrangement - TrustYes

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