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EMPLOYEE BENEFIT PLAN OF PASCALE SERVICE CORPORATION 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF PASCALE SERVICE CORPORATION
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF PASCALE SERVICE CORPORATION 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

PASCALE SERVICE CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:PASCALE SERVICE CORPORATION
Employer identification number (EIN):050301710
NAIC Classification:811190

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF PASCALE SERVICE CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-10-01
0012013-10-01JAMES PASCALE2014-11-07 JAMES PASCALE2014-11-07
0012012-10-01JAMES PASCALE2014-04-25 JAMES PASCALE2014-04-25
0012011-10-01JAMES PASCALE2013-04-26 JAMES PASCALE2013-04-26
0012010-10-01JAMES PASCALE2012-03-23 JAMES PASCALE2012-03-23

Plan Statistics for EMPLOYEE BENEFIT PLAN OF PASCALE SERVICE CORPORATION

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF PASCALE SERVICE CORPORATION

Measure Date Value
2020: EMPLOYEE BENEFIT PLAN OF PASCALE SERVICE CORPORATION 2020 401k membership
Total participants, beginning-of-year2020-10-016
Total number of active participants reported on line 7a of the Form 55002020-10-010
Number of retired or separated participants receiving benefits2020-10-010
Number of other retired or separated participants entitled to future benefits2020-10-010
Total of all active and inactive participants2020-10-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-10-010
Total participants2020-10-010
Number of participants with account balances2020-10-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-10-010

Financial Data on EMPLOYEE BENEFIT PLAN OF PASCALE SERVICE CORPORATION

Measure Date Value
2021 : EMPLOYEE BENEFIT PLAN OF PASCALE SERVICE CORPORATION 2021 401k financial data
Transfers to/from the plan2021-09-30$0
Total income from all sources2021-09-30$222
Expenses. Total of all expenses incurred2021-09-30$80,439
Benefits paid (including direct rollovers)2021-09-30$80,439
Total plan assets at end of year2021-09-30$0
Total plan assets at beginning of year2021-09-30$80,217
Value of fidelity bond covering the plan2021-09-30$10,000
Other income received2021-09-30$222
Net income (gross income less expenses)2021-09-30$-80,217
Net plan assets at end of year (total assets less liabilities)2021-09-30$0
Net plan assets at beginning of year (total assets less liabilities)2021-09-30$80,217
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-09-30$0

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF PASCALE SERVICE CORPORATION

2020: EMPLOYEE BENEFIT PLAN OF PASCALE SERVICE CORPORATION 2020 form 5500 responses
2020-10-01Type of plan entitySingle employer plan
2020-10-01Submission has been amendedNo
2020-10-01This submission is the final filingYes
2020-10-01This return/report is a short plan year return/report (less than 12 months)No
2020-10-01Plan is a collectively bargained planNo
2020-10-01Plan funding arrangement – InsuranceYes
2020-10-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number056277D
Policy instance 1
Insurance contract or identification number056277D
Number of Individuals Covered0
Insurance policy start date2020-10-01
Insurance policy end date2021-09-30
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 Administration1
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

Potentially related plans

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