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PREFERRED PENSION ALLIANCE MULTIPLE EMPLOYER PLAN 401k Plan overview

Plan NamePREFERRED PENSION ALLIANCE MULTIPLE EMPLOYER PLAN
Plan identification number 001

PREFERRED PENSION ALLIANCE MULTIPLE EMPLOYER PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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

SELECTIVE STAFFING SOLUTIONS has sponsored the creation of one or more 401k plans.

Company Name:SELECTIVE STAFFING SOLUTIONS
Employer identification number (EIN):202119620
NAIC Classification:561300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PREFERRED PENSION ALLIANCE MULTIPLE EMPLOYER PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JENNIFER DAVIE2024-07-02 JENNIFER DAVIE2024-07-02
0012022-01-01JENNIFER DAVIE2023-07-03 JENNIFER DAVIE2023-07-03
0012021-01-01JENNIFER DAVIE2022-06-07 JENNIFER DAVIE2022-06-07
0012020-01-01JENNIFER DAVIE2021-06-02 JENNIFER DAVIE2021-06-02

Financial Data on PREFERRED PENSION ALLIANCE MULTIPLE EMPLOYER PLAN

Measure Date Value
2025 : PREFERRED PENSION ALLIANCE MULTIPLE EMPLOYER PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-3110747
Net assets as of the end of the plan year2025-07-31417934
Total assets as of the beginning of the plan year2025-07-31310607
Value of plan covered by a fidelity bond2025-07-311000000
Participant contributions to plan in this plan year2025-07-3138302
Other income to plan in this plan year2025-07-3127069
Plan net income in this plan year2025-07-31107327
Net assets as of the end of the plan year2025-07-31417934
Net assets as of the beginning of the plan year2025-07-31310607
Value of contributions failed to transmitted timely2025-07-3133831
Employer contributions to plan in this plan year2025-07-3152703
2024 : PREFERRED PENSION ALLIANCE MULTIPLE EMPLOYER PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-022426
Net assets as of the end of the plan year2024-07-02310607
Total assets as of the beginning of the plan year2024-07-02191880
Value of plan covered by a fidelity bond2024-07-021000000
Participant contributions to plan in this plan year2024-07-0236001
Other income to plan in this plan year2024-07-0227528
Plan net income in this plan year2024-07-02118727
Net assets as of the end of the plan year2024-07-02310607
Net assets as of the beginning of the plan year2024-07-02191880
Value of contributions failed to transmitted timely2024-07-0233831
Employer contributions to plan in this plan year2024-07-0257624

Potentially related plans

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