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O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 401k Plan overview

Plan NameO.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN
Plan identification number 001

O.P.E.N. AMERICA INC DBA OPENWORKS 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.
  • 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.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

O.P.E.N. AMERICA, INC. DBA OPENWORKS has sponsored the creation of one or more 401k plans.

Company Name:O.P.E.N. AMERICA, INC. DBA OPENWORKS
Employer identification number (EIN):860584561
NAIC Classification:561720
NAIC Description:Janitorial Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01KELSIE MCCLENDON2019-08-20 KELSIE MCCLENDON2019-08-20
0012017-01-01KELSIE MCCLENDON2018-09-20
0012016-01-01JODI SLOTNICK2017-10-10
0012015-01-01JODI SLOTNICK2016-10-17
0012014-01-01JODI SLOTNICK2015-07-16
0012013-01-01HOWARD SCKOLNIK
0012012-01-01HOWARD SCKOLNIK
0012011-01-01HOWARD SCKOLNIK2012-06-08
0012010-01-01HOWARD SCKOLNIK2011-07-14
0012009-01-01KATHY KRUEGER

Plan Statistics for O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN

401k plan membership statisitcs for O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN

Measure Date Value
2022: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01138
Total number of active participants reported on line 7a of the Form 55002022-01-01108
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0154
Total of all active and inactive participants2022-01-01162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01162
Number of participants with account balances2022-01-01137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0124
2021: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01146
Total number of active participants reported on line 7a of the Form 55002021-01-01105
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0127
Total of all active and inactive participants2021-01-01132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01132
Number of participants with account balances2021-01-0195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0112
2020: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01167
Total number of active participants reported on line 7a of the Form 55002020-01-01140
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0127
Total of all active and inactive participants2020-01-01167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01167
Number of participants with account balances2020-01-0174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-017
2019: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01159
Total number of active participants reported on line 7a of the Form 55002019-01-01126
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0130
Total of all active and inactive participants2019-01-01156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01156
Number of participants with account balances2019-01-0170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0112
2013: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01105
Total number of active participants reported on line 7a of the Form 55002013-01-0164
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0113
Total of all active and inactive participants2013-01-0177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0177
Number of participants with account balances2013-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-015
2012: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01174
Total number of active participants reported on line 7a of the Form 55002012-01-0195
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0110
Total of all active and inactive participants2012-01-01105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01105
Number of participants with account balances2012-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-015
2009: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0137
Total number of active participants reported on line 7a of the Form 55002009-01-0166
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-016
Total of all active and inactive participants2009-01-0172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0172
Number of participants with account balances2009-01-0124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-012

Financial Data on O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN

Measure Date Value
2022 : O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2022 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$438
Total income from all sources (including contributions)2022-12-31$59,250
Total of all expenses incurred2022-12-31$365,047
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$347,373
Value of total corrective distributions2022-12-31$438
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$595,625
Value of total assets at end of year2022-12-31$2,600,944
Value of total assets at beginning of year2022-12-31$2,907,179
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$17,236
Total interest from all sources2022-12-31$1,936
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$418,290
Participant contributions at end of year2022-12-31$42,773
Participant contributions at beginning of year2022-12-31$34,761
Participant contributions at end of year2022-12-31$6,634
Participant contributions at beginning of year2022-12-31$96
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$30,219
Other income not declared elsewhere2022-12-31$1,031
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-305,797
Value of net assets at end of year (total assets less liabilities)2022-12-31$2,600,944
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$2,906,741
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$10,612
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$2,523,828
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$2,858,261
Interest on participant loans2022-12-31$1,936
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$19,324
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$13,559
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$13,559
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-539,342
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$147,116
Employer contributions (assets) at end of year2022-12-31$8,385
Employer contributions (assets) at beginning of year2022-12-31$502
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$347,373
Contract administrator fees2022-12-31$6,624
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$438
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31EIDE BAILLY LLP
Accountancy firm EIN2022-12-31450250958
2021 : O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2021 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$438
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$6,439
Total income from all sources (including contributions)2021-12-31$1,037,785
Total of all expenses incurred2021-12-31$463,226
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$440,284
Expenses. Certain deemed distributions of participant loans2021-12-31$0
Value of total corrective distributions2021-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$603,771
Value of total assets at end of year2021-12-31$2,907,179
Value of total assets at beginning of year2021-12-31$2,338,621
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$22,942
Total interest from all sources2021-12-31$1,595
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$398,131
Participant contributions at end of year2021-12-31$34,761
Participant contributions at beginning of year2021-12-31$24,468
Participant contributions at end of year2021-12-31$96
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$65,557
Other income not declared elsewhere2021-12-31$0
Administrative expenses (other) incurred2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$574,559
Value of net assets at end of year (total assets less liabilities)2021-12-31$2,906,741
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$2,332,182
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$15,574
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$2,858,261
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$2,303,731
Interest on participant loans2021-12-31$1,595
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$13,559
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$10,422
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$10,422
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$432,419
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$140,083
Employer contributions (assets) at end of year2021-12-31$502
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$440,284
Contract administrator fees2021-12-31$7,368
Liabilities. Value of benefit claims payable at end of year2021-12-31$438
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$6,439
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31EIDE BAILLY LLP
Accountancy firm EIN2021-12-31450250958
2020 : O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2020 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$6,439
Total income from all sources (including contributions)2020-12-31$861,079
Total of all expenses incurred2020-12-31$437,648
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$405,611
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$547,439
Value of total assets at end of year2020-12-31$2,338,621
Value of total assets at beginning of year2020-12-31$1,908,751
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$32,037
Total interest from all sources2020-12-31$1,908
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$297,468
Participant contributions at end of year2020-12-31$24,468
Participant contributions at beginning of year2020-12-31$38,073
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$167,782
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$423,431
Value of net assets at end of year (total assets less liabilities)2020-12-31$2,332,182
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$1,908,751
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$2,303,731
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$1,767,687
Interest on participant loans2020-12-31$1,908
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$10,422
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$102,991
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$102,991
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$311,732
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$82,189
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$405,611
Contract administrator fees2020-12-31$32,037
Liabilities. Value of benefit claims payable at end of year2020-12-31$6,439
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31EIDE BAILLY LLP
Accountancy firm EIN2020-12-31450250958
2019 : O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$888,287
Total income from all sources (including contributions)2019-12-31$888,287
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$279,574
Total of all expenses incurred2019-12-31$279,574
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$254,502
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$254,502
Value of total corrective distributions2019-12-31$11,457
Value of total corrective distributions2019-12-31$11,457
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$575,938
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$575,938
Value of total assets at end of year2019-12-31$1,908,751
Value of total assets at end of year2019-12-31$1,908,751
Value of total assets at beginning of year2019-12-31$1,300,038
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$13,615
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$13,615
Total interest from all sources2019-12-31$4,521
Total interest from all sources2019-12-31$4,521
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$34,606
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$34,606
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$34,606
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$34,606
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$333,074
Contributions received from participants2019-12-31$333,074
Participant contributions at end of year2019-12-31$38,073
Participant contributions at end of year2019-12-31$38,073
Participant contributions at beginning of year2019-12-31$34,523
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$159,595
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$159,595
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$608,713
Value of net income/loss2019-12-31$608,713
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,908,751
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,908,751
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$1,300,038
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$1,300,038
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$4,826
Investment advisory and management fees2019-12-31$4,826
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$1,767,687
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$1,767,687
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$1,165,134
Interest on participant loans2019-12-31$2,271
Interest on participant loans2019-12-31$2,271
Income. Interest from loans (other than to participants)2019-12-31$0
Income. Interest from loans (other than to participants)2019-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$102,991
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$102,991
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$100,381
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$100,381
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$2,250
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$2,250
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$273,222
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$273,222
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$83,269
Contributions received in cash from employer2019-12-31$83,269
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$254,502
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$254,502
Contract administrator fees2019-12-31$8,789
Contract administrator fees2019-12-31$8,789
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31EIDE BAILLY LLP
Accountancy firm name2019-12-31EIDE BAILLY LLP
Accountancy firm EIN2019-12-31450250958
Accountancy firm EIN2019-12-31450250958
2013 : O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
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$125,970
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$23,163
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$19,882
Value of total corrective distributions2013-12-31$2,881
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$76,899
Value of total assets at end of year2013-12-31$423,977
Value of total assets at beginning of year2013-12-31$321,170
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$400
Total interest from all sources2013-12-31$2,009
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$21,721
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$21,721
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$33,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$60,913
Participant contributions at end of year2013-12-31$34,626
Participant contributions at beginning of year2013-12-31$43,166
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$4,441
Administrative expenses (other) incurred2013-12-31$400
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$102,807
Value of net assets at end of year (total assets less liabilities)2013-12-31$423,977
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$321,170
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$304,198
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$226,414
Interest on participant loans2013-12-31$2,009
Value of interest in common/collective trusts at end of year2013-12-31$85,153
Value of interest in common/collective trusts at beginning of year2013-12-31$51,590
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$18,126
Net investment gain or loss from common/collective trusts2013-12-31$7,215
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 contributions2013-12-31Yes
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$11,545
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$19,882
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)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31EIDE BAILLY
Accountancy firm EIN2013-12-31860584561
2012 : O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$85,079
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$70,470
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$64,179
Value of total corrective distributions2012-12-31$5,616
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$52,732
Value of total assets at end of year2012-12-31$321,170
Value of total assets at beginning of year2012-12-31$306,561
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$675
Total interest from all sources2012-12-31$2,947
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$9,710
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$9,710
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$31,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$45,448
Participant contributions at end of year2012-12-31$43,166
Participant contributions at beginning of year2012-12-31$62,489
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$320
Administrative expenses (other) incurred2012-12-31$675
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$14,609
Value of net assets at end of year (total assets less liabilities)2012-12-31$321,170
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$306,561
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$226,414
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$205,334
Interest on participant loans2012-12-31$2,947
Value of interest in common/collective trusts at end of year2012-12-31$51,590
Value of interest in common/collective trusts at beginning of year2012-12-31$38,738
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$17,670
Net investment gain or loss from common/collective trusts2012-12-31$2,020
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$6,964
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$64,179
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31EIDE BAILEY
Accountancy firm EIN2012-12-31860584561
2009 : O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN

2022: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: O.P.E.N. AMERICA INC DBA OPENWORKS 401K 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 filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2013: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle 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
2012: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedYes
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
2009: O.P.E.N. AMERICA INC DBA OPENWORKS 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
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 – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan 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 number146912
Policy instance 1
Insurance contract or identification number146912
Number of Individuals Covered155
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $3,318
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees3318
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number146912
Policy instance 1
Insurance contract or identification number146912
Number of Individuals Covered104
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $10,879
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees10879
Additional information about fees paid to insurance brokerFEES PAID
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number146912
Policy instance 1
Insurance contract or identification number146912
Number of Individuals Covered79
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $43
Amount paid for insurance broker fees43
Additional information about fees paid to insurance brokerTPA FEE
Insurance broker organization code?5

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