401k Plan data: THE PENNYSAVER GROUP, INC 401(K) PLAN plan

THE PENNYSAVER GROUP, INC 401(K) PLAN 401k Plan overview

Plan Name	THE PENNYSAVER GROUP, INC 401(K) PLAN
Plan identification number	001

THE PENNYSAVER GROUP, INC 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Offset plan - Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.

401k Sponsoring company profile

THE PENNYSAVER GROUP, INC has sponsored the creation of one or more 401k plans.

Company Name: THE PENNYSAVER GROUP, INC

Employer identification number (EIN): 112721362

NAIC Classification: 511120
NAIC Description: Periodical Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE PENNYSAVER GROUP, INC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-01-01 MONICA WHEATLEY 2018-08-07
001 2016-01-01 MONICA WHEATLEY 2017-07-20
001 2015-01-01 MONICA WHEATLEY 2016-06-08
001 2014-01-01 SANDRA WILLENSKY 2015-07-02
001 2013-01-01 SANDRA WILLENSKY 2014-09-30
001 2012-01-01 SANDRA WILLENSKY
001 2011-01-01 SANDRA WILLENSKY
001 2010-01-01 SANDRA WILLENSKY
001 2009-01-01 SANDRA WILLENSKY

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2017-01-01	MONICA WHEATLEY	2018-08-07
001	2016-01-01	MONICA WHEATLEY	2017-07-20
001	2015-01-01	MONICA WHEATLEY	2016-06-08
001	2014-01-01	SANDRA WILLENSKY	2015-07-02
001	2013-01-01	SANDRA WILLENSKY	2014-09-30
001	2012-01-01	SANDRA WILLENSKY
001	2011-01-01	SANDRA WILLENSKY
001	2010-01-01	SANDRA WILLENSKY
001	2009-01-01	SANDRA WILLENSKY

Financial Data on THE PENNYSAVER GROUP, INC 401(K) PLAN

Measure	Date	Value
2012 : THE PENNYSAVER GROUP, INC 401(K) PLAN 2012 401k financial data
Transfers to/from the plan	2012-12-31	$0
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$167,960
Expenses. Total of all expenses incurred	2012-12-31	$175,498
Benefits paid (including direct rollovers)	2012-12-31	$175,498
Total plan assets at end of year	2012-12-31	$1,250,747
Total plan assets at beginning of year	2012-12-31	$1,258,285
Value of fidelity bond covering the plan	2012-12-31	$200,000
Total contributions received or receivable from participants	2012-12-31	$49,485
Expenses. Other expenses not covered elsewhere	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$0
Other income received	2012-12-31	$118,475
Noncash contributions received	2012-12-31	$0
Net income (gross income less expenses)	2012-12-31	$-7,538
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,250,747
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,258,285
Assets. Value of participant loans	2012-12-31	$23,345
Total contributions received or receivable from employer(s)	2012-12-31	$0
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : THE PENNYSAVER GROUP, INC 401(K) PLAN 2011 401k financial data
Transfers to/from the plan	2011-12-31	$0
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$18,414
Expenses. Total of all expenses incurred	2011-12-31	$142,796
Benefits paid (including direct rollovers)	2011-12-31	$142,796
Total plan assets at end of year	2011-12-31	$1,258,285
Total plan assets at beginning of year	2011-12-31	$1,382,667
Value of fidelity bond covering the plan	2011-12-31	$200,000
Total contributions received or receivable from participants	2011-12-31	$43,470
Expenses. Other expenses not covered elsewhere	2011-12-31	$0
Contributions received from other sources (not participants or employers)	2011-12-31	$0
Other income received	2011-12-31	$-25,056
Noncash contributions received	2011-12-31	$0
Net income (gross income less expenses)	2011-12-31	$-124,382
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,258,285
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,382,667
Assets. Value of participant loans	2011-12-31	$19,483
Total contributions received or receivable from employer(s)	2011-12-31	$0
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : THE PENNYSAVER GROUP, INC 401(K) PLAN 2010 401k financial data
Transfers to/from the plan	2010-12-31	$0
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$160,116
Expenses. Total of all expenses incurred	2010-12-31	$66,637
Benefits paid (including direct rollovers)	2010-12-31	$66,637
Total plan assets at end of year	2010-12-31	$1,382,667
Total plan assets at beginning of year	2010-12-31	$1,289,188
Value of fidelity bond covering the plan	2010-12-31	$200,000
Total contributions received or receivable from participants	2010-12-31	$51,789
Expenses. Other expenses not covered elsewhere	2010-12-31	$0
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$108,327
Noncash contributions received	2010-12-31	$0
Net income (gross income less expenses)	2010-12-31	$93,479
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,382,667
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$1,289,188
Assets. Value of participant loans	2010-12-31	$21,061
Total contributions received or receivable from employer(s)	2010-12-31	$0
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : THE PENNYSAVER GROUP, INC 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for THE PENNYSAVER GROUP, INC 401(K) PLAN

2012: THE PENNYSAVER GROUP, INC 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: THE PENNYSAVER GROUP, INC 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: THE PENNYSAVER GROUP, INC 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: THE PENNYSAVER GROUP, INC 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number	341176-000
Policy instance	1
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number	341176-000
Policy instance	1
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number	341176-000
Policy instance	1

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

Company Name:	THE PENNYSAVER GROUP, INC
Employer identification number (EIN):	112721362
NAIC Classification:	511120
NAIC Description:	Periodical Publishers