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SIMPLE HR 401K PLAN 401k Plan overview

Plan NameSIMPLE HR 401K PLAN
Plan identification number 333

SIMPLE HR 401K 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.

401k Sponsoring company profile

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

Company Name:HR, INC.
Employer identification number (EIN):810583874
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about HR, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2002-12-02
Company Identification Number: P02000126886
Legal Registered Office Address: 36474 EMERALD COAST PARKWAY

DESTIN

32541

More information about HR, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SIMPLE HR 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
3332013-01-01WILL S. LINDSLEY, II

Plan Statistics for SIMPLE HR 401K PLAN

401k plan membership statisitcs for SIMPLE HR 401K PLAN

Measure Date Value
2013: SIMPLE HR 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01506
Total number of active participants reported on line 7a of the Form 55002013-01-01382
Number of other retired or separated participants entitled to future benefits2013-01-01123
Total of all active and inactive participants2013-01-01505
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01505
Number of participants with account balances2013-01-01274
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-012

Financial Data on SIMPLE HR 401K PLAN

Measure Date Value
2013 : SIMPLE HR 401K PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total transfer of assets to this plan2013-12-31$23
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$1,473,842
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$789,586
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$706,701
Value of total corrective distributions2013-12-31$13,525
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$727,968
Value of total assets at end of year2013-12-31$5,313,024
Value of total assets at beginning of year2013-12-31$4,628,745
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$69,360
Total interest from all sources2013-12-31$5,342
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$167,395
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$167,395
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$508,634
Participant contributions at end of year2013-12-31$158,615
Participant contributions at beginning of year2013-12-31$118,533
Participant contributions at end of year2013-12-31$21,781
Participant contributions at beginning of year2013-12-31$14,637
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$16,862
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$2,534
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$1,869
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$684,256
Value of net assets at end of year (total assets less liabilities)2013-12-31$5,313,024
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$4,628,745
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$8,072
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$5,123,840
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$4,489,667
Interest on participant loans2013-12-31$5,342
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$573,137
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$202,472
Employer contributions (assets) at end of year2013-12-31$6,254
Employer contributions (assets) at beginning of year2013-12-31$4,039
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$706,701
Contract administrator fees2013-12-31$61,288
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31WARREN AVERETT, LLC
Accountancy firm EIN2013-12-31454084437

Form 5500 Responses for SIMPLE HR 401K PLAN

2013: SIMPLE HR 401K PLAN 2013 form 5500 responses
2013-01-01Type of plan entityMulitple employer plan
2013-01-01Submission has been amendedNo
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

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