?>
Logo

PROFESSIONAL CREDIT 401(K) PLAN 401k Plan overview

Plan NamePROFESSIONAL CREDIT 401(K) PLAN
Plan identification number 002

PROFESSIONAL CREDIT 401(K) 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.
  • 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) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PROFESSIONAL CREDIT HOLDING CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:PROFESSIONAL CREDIT HOLDING CORPORATION
Employer identification number (EIN):930586455
NAIC Classification:523900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROFESSIONAL CREDIT 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01GINGER PATMORE2024-03-29
0022022-01-01
0022022-01-01GINGER PATMORE
0022021-01-01
0022021-01-01GINGER PATMORE
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01GINGER PATMORE
0022016-01-01ERIK PARRISH
0022015-01-01ERIK PARRISH
0022010-01-01CODY PURCELL
0022009-01-01SCOTT PENROD

Plan Statistics for PROFESSIONAL CREDIT 401(K) PLAN

401k plan membership statisitcs for PROFESSIONAL CREDIT 401(K) PLAN

Measure Date Value
2025: PROFESSIONAL CREDIT 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-16121
Total number of particpants at end of year2025-07-16138
Number of Participants With Account Balances2025-07-16102
2024: PROFESSIONAL CREDIT 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-03-29127
Total number of particpants at end of year2024-03-29121
Number of Participants With Account Balances2024-03-2989
2022: PROFESSIONAL CREDIT 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01150
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 benefits2022-01-0119
Total of all active and inactive participants2022-01-01127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01127
Number of participants with account balances2022-01-0193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0112
2021: PROFESSIONAL CREDIT 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01203
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 benefits2021-01-0145
Total of all active and inactive participants2021-01-01150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01150
Number of participants with account balances2021-01-01124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0129
2020: PROFESSIONAL CREDIT 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01219
Total number of active participants reported on line 7a of the Form 55002020-01-01162
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0141
Total of all active and inactive participants2020-01-01203
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01203
Number of participants with account balances2020-01-01162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0117
2019: PROFESSIONAL CREDIT 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01251
Total number of active participants reported on line 7a of the Form 55002019-01-01170
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0149
Total of all active and inactive participants2019-01-01219
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01219
Number of participants with account balances2019-01-01163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0121
2018: PROFESSIONAL CREDIT 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01268
Total number of active participants reported on line 7a of the Form 55002018-01-01184
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0167
Total of all active and inactive participants2018-01-01251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01251
Number of participants with account balances2018-01-01187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: PROFESSIONAL CREDIT 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01338
Total number of active participants reported on line 7a of the Form 55002017-01-01218
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0150
Total of all active and inactive participants2017-01-01268
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01268
Number of participants with account balances2017-01-01190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0139
2016: PROFESSIONAL CREDIT 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01334
Total number of active participants reported on line 7a of the Form 55002016-01-01221
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01117
Total of all active and inactive participants2016-01-01338
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01338
Number of participants with account balances2016-01-01269
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0130
2015: PROFESSIONAL CREDIT 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01300
Total number of active participants reported on line 7a of the Form 55002015-01-01210
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01116
Total of all active and inactive participants2015-01-01326
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01326
Number of participants with account balances2015-01-01280
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0142
2010: PROFESSIONAL CREDIT 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01247
Total number of active participants reported on line 7a of the Form 55002010-01-01181
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0183
Total of all active and inactive participants2010-01-01264
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01264
Number of participants with account balances2010-01-01177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0115
2009: PROFESSIONAL CREDIT 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01215
Total number of active participants reported on line 7a of the Form 55002009-01-01170
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0173
Total of all active and inactive participants2009-01-01243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01243
Number of participants with account balances2009-01-01186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0129

Financial Data on PROFESSIONAL CREDIT 401(K) PLAN

Measure Date Value
2025 : PROFESSIONAL CREDIT 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-07-161108
Total liabilities as of the beginning of the plan year2025-07-1633906
Total expenses incurred by plan in this plan year2025-07-16611122
Net assets as of the end of the plan year2025-07-164959316
Total assets as of the beginning of the plan year2025-07-164257406
Value of plan covered by a fidelity bond2025-07-16425741
Participant contributions to plan in this plan year2025-07-16438984
Value of participant loans at end of plan year2025-07-1673456
Other contributions to plan in this plan year2025-07-16240420
Other income to plan in this plan year2025-07-16540632
Plan net income in this plan year2025-07-16734708
Net assets as of the end of the plan year2025-07-164958208
Net assets as of the beginning of the plan year2025-07-164223500
Employer contributions to plan in this plan year2025-07-16125794
Fees paid to broker by Benefit Provider2025-07-162262
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-1646121
2024 : PROFESSIONAL CREDIT 401(K) PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-03-2933906
Total liabilities as of the beginning of the plan year2024-03-2926873
Total expenses incurred by plan in this plan year2024-03-29282870
Net assets as of the end of the plan year2024-03-294257406
Total assets as of the beginning of the plan year2024-03-293459696
Value of plan covered by a fidelity bond2024-03-29343283
Participant contributions to plan in this plan year2024-03-29383961
Value of participant loans at end of plan year2024-03-2964548
Other income to plan in this plan year2024-03-29587458
Plan net income in this plan year2024-03-29790677
Net assets as of the end of the plan year2024-03-294223500
Net assets as of the beginning of the plan year2024-03-293432823
Employer contributions to plan in this plan year2024-03-29102128
Fees paid to broker by Benefit Provider2024-03-297405
Expensese paid to adminstrative service provicers from plan in this plan year2024-03-2937516
2022 : PROFESSIONAL CREDIT 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$26,873
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$36,001
Total income from all sources (including contributions)2022-12-31$-193,308
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,034,361
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$982,117
Value of total corrective distributions2022-12-31$15,719
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$495,741
Value of total assets at end of year2022-12-31$3,459,696
Value of total assets at beginning of year2022-12-31$4,696,493
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$36,525
Total interest from all sources2022-12-31$4,358
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
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$466,050
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$384,041
Participant contributions at end of year2022-12-31$86,792
Participant contributions at beginning of year2022-12-31$84,190
Assets. Other investments not covered elsewhere at end of year2022-12-31$34,444
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$84,006
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$7,154
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$26,873
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$36,001
Administrative expenses (other) incurred2022-12-31$800
Total non interest bearing cash at end of year2022-12-31$5,114
Total non interest bearing cash at beginning of year2022-12-31$26,344
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,227,669
Value of net assets at end of year (total assets less liabilities)2022-12-31$3,432,823
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$4,660,492
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$18,301
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$3,222,760
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$4,378,906
Interest on participant loans2022-12-31$4,358
Net investment gain/loss from pooled separate accounts2022-12-31$-693,407
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 contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$104,546
Employer contributions (assets) at end of year2022-12-31$110,586
Employer contributions (assets) at beginning of year2022-12-31$123,047
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$982,117
Contract administrator fees2022-12-31$17,424
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 name2022-12-31BVAL CPAS & ADVISORS, LLP
Accountancy firm EIN2022-12-31452635340
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$26,873
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$36,001
Total income from all sources (including contributions)2022-01-01$-193,308
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$1,034,361
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$982,117
Value of total corrective distributions2022-01-01$15,719
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$495,741
Value of total assets at end of year2022-01-01$3,459,696
Value of total assets at beginning of year2022-01-01$4,696,493
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$36,525
Total interest from all sources2022-01-01$4,358
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$466,050
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$384,041
Participant contributions at end of year2022-01-01$86,792
Participant contributions at beginning of year2022-01-01$84,190
Assets. Other investments not covered elsewhere at end of year2022-01-01$34,444
Assets. Other investments not covered elsewhere at beginning of year2022-01-01$84,006
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$7,154
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-01-01$26,873
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-01-01$36,001
Administrative expenses (other) incurred2022-01-01$800
Total non interest bearing cash at end of year2022-01-01$5,114
Total non interest bearing cash at beginning of year2022-01-01$26,344
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-1,227,669
Value of net assets at end of year (total assets less liabilities)2022-01-01$3,432,823
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$4,660,492
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Investment advisory and management fees2022-01-01$18,301
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$3,222,760
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$4,378,906
Interest on participant loans2022-01-01$4,358
Net investment gain/loss from pooled separate accounts2022-01-01$-693,407
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$104,546
Employer contributions (assets) at end of year2022-01-01$110,586
Employer contributions (assets) at beginning of year2022-01-01$123,047
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$982,117
Contract administrator fees2022-01-01$17,424
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01BVAL CPAS & ADVISORS, LLP
Accountancy firm EIN2022-01-01452635340
2021 : PROFESSIONAL CREDIT 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets from this plan2021-12-31$1,181,333
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$36,001
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$89,179
Total income from all sources (including contributions)2021-12-31$1,275,921
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$305,308
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$254,968
Value of total corrective distributions2021-12-31$13,595
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$640,811
Value of total assets at end of year2021-12-31$4,696,493
Value of total assets at beginning of year2021-12-31$4,960,391
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$36,745
Total interest from all sources2021-12-31$4,628
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
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$496,040
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$513,760
Participant contributions at end of year2021-12-31$84,190
Participant contributions at beginning of year2021-12-31$126,228
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$0
Assets. Other investments not covered elsewhere at end of year2021-12-31$84,006
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$43,612
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$6,363
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$36,001
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$89,179
Administrative expenses (other) incurred2021-12-31$700
Total non interest bearing cash at end of year2021-12-31$26,344
Total non interest bearing cash at beginning of year2021-12-31$23,680
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$970,613
Value of net assets at end of year (total assets less liabilities)2021-12-31$4,660,492
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$4,871,212
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$3,651
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$4,378,906
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$4,604,197
Interest on participant loans2021-12-31$4,628
Net investment gain/loss from pooled separate accounts2021-12-31$630,482
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$120,688
Employer contributions (assets) at end of year2021-12-31$123,047
Employer contributions (assets) at beginning of year2021-12-31$162,674
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$254,968
Contract administrator fees2021-12-31$32,394
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 name2021-12-31BVAL CPAS & ADVISORS, LLP
Accountancy firm EIN2021-12-31452635340
2020 : PROFESSIONAL CREDIT 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$89,179
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$73,950
Total income from all sources (including contributions)2020-12-31$1,250,972
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$486,594
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$400,656
Value of total corrective distributions2020-12-31$47,662
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$649,547
Value of total assets at end of year2020-12-31$4,960,391
Value of total assets at beginning of year2020-12-31$4,180,784
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$38,276
Total interest from all sources2020-12-31$6,427
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
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$418,079
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$499,631
Participant contributions at end of year2020-12-31$126,228
Participant contributions at beginning of year2020-12-31$136,053
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$112
Assets. Other investments not covered elsewhere at end of year2020-12-31$43,612
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$215,555
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$5,330
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$89,179
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$73,950
Administrative expenses (other) incurred2020-12-31$800
Total non interest bearing cash at end of year2020-12-31$23,680
Total non interest bearing cash at beginning of year2020-12-31$13,225
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$764,378
Value of net assets at end of year (total assets less liabilities)2020-12-31$4,871,212
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$4,106,834
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$4,604,197
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$3,666,062
Interest on participant loans2020-12-31$6,427
Net investment gain/loss from pooled separate accounts2020-12-31$594,998
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 contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$144,586
Employer contributions (assets) at end of year2020-12-31$162,674
Employer contributions (assets) at beginning of year2020-12-31$149,777
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$400,656
Contract administrator fees2020-12-31$37,476
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 name2020-12-31BVAL CPAS & ADVISORS, LLP
Accountancy firm EIN2020-12-31452635340
2019 : PROFESSIONAL CREDIT 401(K) PLAN 2019 401k financial data
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$73,950
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$4,753
Total income from all sources (including contributions)2019-12-31$1,318,923
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$305,354
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$217,108
Expenses. Certain deemed distributions of participant loans2019-12-31$2,570
Value of total corrective distributions2019-12-31$50,912
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$670,515
Value of total assets at end of year2019-12-31$4,180,784
Value of total assets at beginning of year2019-12-31$3,098,018
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$34,764
Total interest from all sources2019-12-31$6,241
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$309,802
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
Contributions received from participants2019-12-31$483,274
Participant contributions at end of year2019-12-31$136,053
Participant contributions at beginning of year2019-12-31$124,630
Participant contributions at end of year2019-12-31$112
Participant contributions at beginning of year2019-12-31$62
Assets. Other investments not covered elsewhere at end of year2019-12-31$215,555
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$167,281
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$52,785
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$73,950
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$4,753
Administrative expenses (other) incurred2019-12-31$1,000
Total non interest bearing cash at end of year2019-12-31$13,225
Total non interest bearing cash at beginning of year2019-12-31$24,689
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$1,013,569
Value of net assets at end of year (total assets less liabilities)2019-12-31$4,106,834
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,093,265
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 leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$3,666,062
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$2,676,121
Interest on participant loans2019-12-31$6,241
Net investment gain/loss from pooled separate accounts2019-12-31$642,167
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 contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$134,456
Employer contributions (assets) at end of year2019-12-31$149,777
Employer contributions (assets) at beginning of year2019-12-31$105,235
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$217,108
Contract administrator fees2019-12-31$33,764
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
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
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31BVAL CPAS & ADVISORS, LLP
Accountancy firm EIN2019-12-31452635340
2018 : PROFESSIONAL CREDIT 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$4,753
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$31,587
Total income from all sources (including contributions)2018-12-31$374,606
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$402,138
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$368,468
Value of total corrective distributions2018-12-31$4,753
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$560,609
Value of total assets at end of year2018-12-31$3,098,018
Value of total assets at beginning of year2018-12-31$3,152,384
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$28,917
Total interest from all sources2018-12-31$6,576
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$312,080
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$435,108
Participant contributions at end of year2018-12-31$124,630
Participant contributions at beginning of year2018-12-31$175,513
Participant contributions at end of year2018-12-31$62
Participant contributions at beginning of year2018-12-31$0
Assets. Other investments not covered elsewhere at end of year2018-12-31$167,281
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$156,375
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$106
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$4,753
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$31,587
Administrative expenses (other) incurred2018-12-31$537
Total non interest bearing cash at end of year2018-12-31$24,689
Total non interest bearing cash at beginning of year2018-12-31$32,429
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-27,532
Value of net assets at end of year (total assets less liabilities)2018-12-31$3,093,265
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$3,120,797
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$2,676,121
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$2,704,672
Interest on participant loans2018-12-31$6,576
Net investment gain/loss from pooled separate accounts2018-12-31$-192,579
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$125,395
Employer contributions (assets) at end of year2018-12-31$105,235
Employer contributions (assets) at beginning of year2018-12-31$83,395
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$368,468
Contract administrator fees2018-12-31$28,380
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 name2018-12-31BESEMANN VALENTINE LLP
Accountancy firm EIN2018-12-31452635340
2017 : PROFESSIONAL CREDIT 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$31,587
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$1,231,584
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$685,360
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$604,129
Value of total corrective distributions2017-12-31$54,640
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$792,148
Value of total assets at end of year2017-12-31$3,152,384
Value of total assets at beginning of year2017-12-31$2,574,573
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$26,591
Total interest from all sources2017-12-31$7,965
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$257,458
If this is an individual account plan, was there a blackout period2017-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$413,468
Participant contributions at end of year2017-12-31$175,513
Participant contributions at beginning of year2017-12-31$123,796
Assets. Other investments not covered elsewhere at end of year2017-12-31$156,375
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$173,251
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$31,587
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$0
Administrative expenses (other) incurred2017-12-31$526
Total non interest bearing cash at end of year2017-12-31$32,429
Total non interest bearing cash at beginning of year2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$546,224
Value of net assets at end of year (total assets less liabilities)2017-12-31$3,120,797
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$2,574,573
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$2,704,672
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$0
Value of interest in pooled separate accounts at end of year2017-12-31$0
Value of interest in pooled separate accounts at beginning of year2017-12-31$2,249,865
Interest on participant loans2017-12-31$7,098
Interest earned on other investments2017-12-31$867
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$200,912
Net investment gain/loss from pooled separate accounts2017-12-31$431,471
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31Yes
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$205,429
Employer contributions (assets) at end of year2017-12-31$83,395
Employer contributions (assets) at beginning of year2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$604,129
Contract administrator fees2017-12-31$26,065
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31Yes
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 name2017-12-31BESEMANN VALENTINE LLP
Accountancy firm EIN2017-12-31452635340
2016 : PROFESSIONAL CREDIT 401(K) PLAN 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$679,251
Total of all expenses incurred2016-12-31$199,521
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$182,892
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$512,308
Value of total assets at end of year2016-12-31$2,574,573
Value of total assets at beginning of year2016-12-31$2,094,843
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$16,629
Total interest from all sources2016-12-31$4,913
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$200,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$354,161
Participant contributions at end of year2016-12-31$123,796
Participant contributions at beginning of year2016-12-31$129,491
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$454
Other income not declared elsewhere2016-12-31$1,939
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$479,730
Value of net assets at end of year (total assets less liabilities)2016-12-31$2,574,573
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$2,094,843
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 pooled separate accounts at end of year2016-12-31$2,249,865
Value of interest in pooled separate accounts at beginning of year2016-12-31$1,789,993
Interest on participant loans2016-12-31$4,913
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$200,912
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$175,359
Net investment gain/loss from pooled separate accounts2016-12-31$160,091
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 contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$157,693
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$182,892
Contract administrator fees2016-12-31$16,629
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 name2016-12-31BESEMANN VALENTINE LLP
Accountancy firm EIN2016-12-31452635340
2015 : PROFESSIONAL CREDIT 401(K) PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$262,744
Total of all expenses incurred2015-12-31$132,305
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$109,355
Value of total corrective distributions2015-12-31$7,712
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$282,927
Value of total assets at end of year2015-12-31$2,094,843
Value of total assets at beginning of year2015-12-31$1,964,404
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$15,238
Total interest from all sources2015-12-31$5,114
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$200,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$282,659
Participant contributions at end of year2015-12-31$129,491
Participant contributions at beginning of year2015-12-31$110,734
Participant contributions at beginning of year2015-12-31$10,654
Other income not declared elsewhere2015-12-31$879
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$130,439
Value of net assets at end of year (total assets less liabilities)2015-12-31$2,094,843
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$1,964,404
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 pooled separate accounts at end of year2015-12-31$1,789,993
Value of interest in pooled separate accounts at beginning of year2015-12-31$1,642,526
Interest on participant loans2015-12-31$5,114
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$175,359
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$108,488
Net investment gain/loss from pooled separate accounts2015-12-31$-26,176
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 contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$268
Employer contributions (assets) at beginning of year2015-12-31$92,002
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$109,355
Contract administrator fees2015-12-31$15,238
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 name2015-12-31BESEMANN VALENTINELLP
Accountancy firm EIN2015-12-31452635340
2010 : PROFESSIONAL CREDIT 401(K) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$315,945
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$160,250
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$157,290
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$207,335
Value of total assets at end of year2010-12-31$1,238,301
Value of total assets at beginning of year2010-12-31$1,082,606
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$2,960
Total interest from all sources2010-12-31$4,667
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Assets. Real estate other than employer real property at end of year2010-12-31$0
Assets. Real estate other than employer real property at beginning of year2010-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2010-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2010-12-31$0
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$60,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$90,391
Participant contributions at end of year2010-12-31$105,443
Participant contributions at beginning of year2010-12-31$118,570
Participant contributions at end of year2010-12-31$3,744
Participant contributions at beginning of year2010-12-31$2,757
Assets. Other investments not covered elsewhere at end of year2010-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$97,969
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$1,654
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$1,396
Assets. Loans (other than to participants) at end of year2010-12-31$0
Assets. Loans (other than to participants) at beginning of year2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$0
Administrative expenses (other) incurred2010-12-31$2,960
Liabilities. Value of operating payables at end of year2010-12-31$0
Liabilities. Value of operating payables at beginning of year2010-12-31$0
Total non interest bearing cash at end of year2010-12-31$0
Total non interest bearing cash at beginning of year2010-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$155,695
Value of net assets at end of year (total assets less liabilities)2010-12-31$1,238,301
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$1,082,606
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Assets. partnership/joint venture interests at end of year2010-12-31$0
Assets. partnership/joint venture interests at beginning of year2010-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$780,821
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$572,823
Interest on participant loans2010-12-31$4,631
Value of interest in master investment trust accounts at end of year2010-12-31$0
Value of interest in master investment trust accounts at beginning of year2010-12-31$0
Value of interest in common/collective trusts at end of year2010-12-31$0
Value of interest in common/collective trusts at beginning of year2010-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$327,664
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$369,567
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$369,567
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$36
Assets. Value of investments in 103.12 investment entities at end of year2010-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2010-12-31$0
Asset value of US Government securities at end of year2010-12-31$0
Asset value of US Government securities at beginning of year2010-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$103,943
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$0
Assets. Invements in employer securities at beginning of year2010-12-31$0
Assets. Value of employer real property at end of year2010-12-31$0
Assets. Value of employer real property at beginning of year2010-12-31$0
Contributions received in cash from employer2010-12-31$18,975
Employer contributions (assets) at end of year2010-12-31$18,975
Employer contributions (assets) at beginning of year2010-12-31$17,493
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$157,290
Asset. Corporate debt instrument preferred debt at end of year2010-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2010-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$0
Liabilities. Value of benefit claims payable at end of year2010-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2010-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2010-12-31$0
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Liabilities. Value of acquisition indebtedness at end of year2010-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2010-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31KERNUTT STOKES LLP
Accountancy firm EIN2010-12-31930396435
2009 : PROFESSIONAL CREDIT 401(K) 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 PROFESSIONAL CREDIT 401(K) PLAN

2022: PROFESSIONAL CREDIT 401(K) 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: PROFESSIONAL CREDIT 401(K) 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 – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PROFESSIONAL CREDIT 401(K) 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 – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PROFESSIONAL CREDIT 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 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 – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PROFESSIONAL CREDIT 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: PROFESSIONAL CREDIT 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: PROFESSIONAL CREDIT 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement – Section 412(e)(3) insurance ContractsYes
2016-01-01Plan benefit arrangement - TrustYes
2015: PROFESSIONAL CREDIT 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement – Section 412(e)(3) insurance ContractsYes
2015-01-01Plan benefit arrangement - TrustYes
2010: PROFESSIONAL CREDIT 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: PROFESSIONAL CREDIT 401(K) 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 – TrustYes
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 number129997
Policy instance 1
Insurance contract or identification number129997
Number of Individuals Covered92
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 $9,514
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number129997
Policy instance 1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number129997
Policy instance 1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number129997
Policy instance 1
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number802195-000
Policy instance 1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number129997
Policy instance 2
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number80219000
Policy instance 1

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3